TODAY'S MARKET INTELLIGENCE
US Long-Term Treasury Buyback Plan Weighs on Dollar, Silver Rises for Third Day Toward $69
English summary
Spot silver extended gains in Asian trading on Friday, rising for a third consecutive session, with weekly gains nearing 6%. Signals of an expanded long-term Treasury buyback program by the US Treasury weakened the dollar, supporting silver. However, rising oil prices could lift inflation expectations, capping further upside.
The English text is machine translated and may require verification against the Chinese version.
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