XAG/USD surges above $30.00 amid high US yields, strong USD
Silver climbs 0.80% to $30.35, outstripping concerns over U.S. inflation, Fed scrutiny. Technical hurdle at 50-day SMA of $30.42; breach could push silver to $30.80. Downside risks if silver drops below $30.00, key support at 200-day SMA, lows near $28.78. Silver Price rises for the seven straight day putting aside the jump in US Treasury bond yields and the…