Silver Price Analysis
Silver prices are facing headwinds on Tuesday from rising U.S. Treasury yields and mixed signals from Federal Reserve officials regarding potential rate cuts. This creates a cautious short-term outlook, but long-term prospects remain bullish.The recent pullback has allowed technical signals like RSI to cool off on the short term. The 10-year Treasury yield climbed above 4.28% on Today, increasing the opportunity cost of holding non-yielding assets like silver. Fed policy will dictate the upcoming price action for assets like silver.
Silver Chart
Portfolio Update
I have been a bit busy to get my weekend report out so I thought it was a good day to give my update. My current assets are valued at $2,643.95 with a total acquisition cost of $$2,362.33.
Asset Allocation Chart
Asset Holding by Product