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TODAY'S MARKET INTELLIGENCE

Silver Rebounds from Oversold Levels but Trend Unchanged, Awaiting Pressure Test

Published: 2026-10-16 14:39:00Category: financeHeat: 54

English summary

Spot silver extended its rally to $57.80/oz in Friday's Asian session, driven by safe-haven demand, falling US Treasury yields, and CTA short covering. Despite the short-term rebound, daily technical structures remain bearish, with hawkish Fed expectations limiting upside potential. The market awaits further macro data and geopolitical developments.

The English text is machine translated and may require verification against the Chinese version.

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