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Silver Price Forecast: XAG/USD jumps to near $61.80 as hawkish Fed bets recede

Silver price (XAG/USD) is up 2.3% to near $61.80 during the European trading session on Monday. The white metal starts the week on a strong note as traders have scaled back Federal Reserve’s (Fed) interest rate expectations after soft United States (US) official labor market data for September.

Silver Price Forecast: XAG/USD jumps to near $61.80 as hawkish Fed bets recede

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