Silver Price Forecast: XAG/USD declines to near $58.70 in countdown to US inflation data

Silver price (XAG/USD) is down 0.65% to near $58.70 during the European trading session on Wednesday. The white metal is under pressure as oil prices have increased recently amid ongoing tensions in the Middle East.
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Spain Consumer Price Index (YoY) meets forecasts (4.9%) in September

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