- XAG/USD stands near $22.70, while bears still have the upperhand.
- The USD weakened following two consecutive sessions of strength.
- US Treasury yields stand mixed ahead of inflation data from the US from July.
In Wednesday’s session, the Silver spot price XAG/USD traded with mild losses, while the USD traded weaker and corrected after two days of strength. Markets remain quiet ahead of crucial Consumer Price Index (CPI) data from the US from July, which will impact bond and metal price dynamics.
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