🟢 Silver is trading 3.46% up today after an overnight rebound from recent weakness

Silver is trading at $59.98 (3.46% up) as it stages an overnight rebound following a sharp decline in the previous session.

• The metal recovered after sliding nearly 4% to below $58, a move previously driven by a strengthening U.S. dollar and safe-haven demand.
• Recent pressure on the asset was linked to escalating Middle East tensions and market expectations that U.S. interest rates will remain higher for longer.
• Analysts noted that while inflation concerns have bolstered the dollar, silver is currently clawing back losses from its prior session weakness.