Silver Price Forecast: Lower oil eases inflation pressure as XAG/USD climbs to near $53.00 - www.tmgm.com

AI desk brief

Silver recovered toward $53/oz in Monday’s Asian session after two declining sessions, with the report attributing the advance to lower oil prices following Trump’s conditional signals against further Iran strikes. CME FedWatch reportedly put December’s 25-basis-point Fed hike probability above 78%, while October payrolls rose 165,000 versus 65,000 expected and unemployment fell to 4.1%. Strong employment and potential tightening could restrain silver if they support the dollar or raise expected real yields. CPI and PPI are the next cited catalysts; however, the report gives conflicting accounts of dollar strength and weakness, limiting its directional interpretation.