Summary
- International spot silver prices jumped 3%% to break above $67 an ounce.
- Walter Bloomberg reported on June 22 that spot silver rose 3%% to $67.12 an ounce.
- Traders are watching the prospects for additional US rate hikes, the dollar's direction and the outlook for industrial metals demand as factors that could determine silver's next move.
Spot silver jumped 3% to break above $67 an ounce.
Walter Bloomberg, an overseas breaking-news account focused on the economy, reported on June 22 that spot silver rose 3% to $67.12 an ounce.
The advance comes amid broader strength across precious metals markets and uncertainty over inflation and the path of interest rates.
Traders are also watching the prospects for additional US rate hikes, moves in the dollar and the outlook for industrial metals demand as factors that could determine silver's next direction.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
