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Silver Price Forecast: XAG/USD gains above $57.50 as Fed rate hike bets decrease

Silver price (XAG/USD) gains ground after posting losses in the previous day, trading around $57.60 per troy ounce during Asian hours on Monday.

Silver price (XAG/USD) gains ground after posting losses in the previous day, trading around $57.60 per troy ounce during Asian hours on Monday.

Silver climbed amid fading expectations for a Federal Reserve (Fed) rate hike in October.

Market commentary only, not advice. 37 words on the desk. Trading involves risk. Headline credited to FXStreet.

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