Silver Price Forecast: XAG/USD trades firmly near two-month high of $86.50 ahead of US CPI

XAG/USD trading near a two-month high of $86.50 and holding above the 20-day EMA around $77.90 ahead of upcoming US CPI data; concerns about US-Iran military actions and possible Strait of Hormuz disruption also weighed on sentiment Perigon signal context: impact positive, driver market specific.