• Silver price becomes flat after the release of the better-than-expected US JOLTS Job Openings data for June.
• US employers posted fresh 8.18 million vacancies.
• The Fed is expected to leave interest rates steady for eighth straight time.

Silver price (XAG/USD) surrenders its intraday gains and falls slightly below $28.00 in Tuesday’s New York session. The white metal drops after the release of the better-than-expected United States (US) JOLTS Job Openings data for June. Fresh job vacancies came in higher at 8.18 million against expectations of 8.03 million but were lower than the prior release of 8.23 million, downwardly revised from 8.14 million.

Upbeat US JOLTS Job Openings data has pushed the US Dollar (USD) higher. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, jumps to near 104.80. 10-year US Treasury yields rebound to near 4.18%.