Silver prices (XAG/USD) rose to approximately $65.80 per troy ounce during Asian trading hours on Friday, according to FX Street. The precious metal gained momentum as US 10-year government bond yields declined.
FX Street reported that the drop in bond yields was partly driven by easing inflation concerns, supported by falling oil prices. This environment helped silver attract buying interest as investors sought safe-haven assets.
For Japanese investors, the movement in silver prices is notable amid ongoing volatility in FX and commodities markets, emphasizing the importance of monitoring global inflation and bond yield trends that impact both domestic and international portfolios.