Commodity Trade Mantra

Posts Tagged ‘US Bond Yields’

Silver Prices Supported by Lack of Follow-Through Selling

After coming under pressure on Friday and dipping to 8-week lows, silver prices gained some respite on Monday with a retreat in US bond yields helping to cushion the risk of further short-term selling. Latest COT data recorded a further decline in long non-commercial silver positions to over 82,000 contracts from 85,000 the previous week & the lowest reading since June.

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