Silver prices saw a modest increase of 0.39% on Friday, reaching $64.70 after recovering from a daily low of $63.51, according to FX Street. The gains were tempered by rising US Treasury yields, which limited the metal's upside despite softer US economic data.
The interplay between higher yields and weaker economic indicators created a cautious environment for silver, as investors weighed inflation and growth concerns. The price movement reflects ongoing sensitivity in precious metals to shifts in US financial conditions.
For Japanese investors, this dynamic is particularly relevant given the impact of US yields on the yen and commodity-linked assets, underscoring the interconnectedness of global markets.