- Silver price retreats after hitting daily high on upbeat US economic data.
- Upward momentum for XAG/USD remains despite recent losses.
- XAG/USD may drop unless it holds above a critical support level.
Silver price retraces after hitting a daily high of $25.37, last seen at around $25.05, as US Treasury bond yields edged up, following upbeat US economic data. At the time of writing, the XAG/USD is trading at $25.05, down 0.83%.
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