Silver Prices Stabilize Above $64.00 After Bouncing Back

Silver prices have stabilized above $64.00 after bouncing from an 11-week low on Tuesday, according to CryptoRank.

This rebound comes as traders reassess industrial demand and monetary policy expectations, providing a temporary floor for the white metal.

The price action suggests that buyers are stepping in at lower prices, though the broader trend remains under pressure from a stronger US dollar and rising bond yields.

Technical indicators show the Relative Strength Index (RSI) on the daily chart is hovering near oversold territory, which could attract dip-buying interest.