| Over the past trading week, silver prices per ounce have been in an ongoing battle with the U.S. Dollar Index (DXY). Late last month, we saw the silver price flirt with the $18 level. It has since backed down but has continued to trade in a relatively narrow range between $16.80 and $17.50.
But we've recently witnessed some strength in the U.S. Dollar Index (DXY), which arguably became somewhat oversold in early May. It's bounced back 1.7% so far this month. That's been the biggest headwind facing silver prices right now. And by many accounts, it may not be over yet...............................................Full Article: Source
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