Silver Price (XAGUSD) seesaws at the highest level in three weeks, after rising the most in 1.5 months, amid market’s cautious mood as a two-day-long annual Jackson Hole Symposium event begins. That said, the XAGUSD makes rounds to $24.30-35 while pausing the five-day winning streak during early Thursday.
In doing so, the Silver bulls take a breather while justifying the bearish signals from the options markets despite the broad US Dollar weakness and sluggish markets. However, the looming top-tier US data and Jackson Hole speeches keep the XAGUSD traders on their toes.
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