Silver Holds Steady at $61.70‑$62.20 Resistance Amid Broader Macro Downtrend

Silver has stalled near the $61.70‑$62.20 resistance zone, reflecting the ongoing downward pressure in the macroeconomic environment. Despite sporadic gains earlier in the week, the precious metal has struggled to break through the key price band, suggesting that any upward move will require a shift in the broader market sentiment. Traders are watching closely for a breakout or a reversal that could signal a change in the prevailing trend.