Silver consolidates near $36.00 with risk-on sentiment limiting gains
Silver is holding within a tight range on Monday, with XAG/USD consolidating around the key $36.00 psychological level at the time of writing.
The metal is under modest pressure as broader market sentiment favours risk. US equities are holding onto recent gains near record highs. Increased appetite for risk continues to weigh on demand for traditional safe-haven assets, limiting Silver’s gains.
Intraday support has emerged around the current session low of $35.41, which has helped limit the downside move for Silver throughout June.
Source : Fxstreet