Understanding Silver Market Behavior
Reaction to CPI Numbers
Silver continues to exhibit volatile behavior in response to unexpected Consumer Price Index (CPI) numbers. Initially rising, the market then experienced a pullback as investors reacted to the news.
Potential Market Turn
By the end of the trading session, there is a possibility that the market could reverse its course based on the latest developments and investor sentiment.
Key Takeaways:
- Silver is reacting to CPI numbers with volatility.
- Initial rise followed by a pullback in the market.
- Potential for a market turnaround at the end of the session.