Silver Price Forecast: XAG/USD falls to near $28.50 due to diminishing hawkish mood of Fed

Silver price (XAG/USD) extends its losses for the second consecutive session, trading around $28.50 per troy ounce during the early hours on Monday.
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Gold trades in tight range as upside looks capped by USD recovery

Gold (XAU/USD) continues trading in a familiar range just above $2,500 on Monday even as Asian stocks fall due to China-growth fears following the release of mixed Manufacturing Purchasing Managers Index (PMI) data.
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