Silver’s (XAG/USD) ascends as traders gravitate towards safe-haven assets. Technical outlook positive; Silver targets next resistance at $32.64 with potential to breach $33.00. Downside risks remain if Silver falls below $32.00, with potential support at the 100-day SMA of $31.11. Silver prices advanced on safe-haven demand on Monday, rising 0.90% and reclaiming $32.00 per troy
Silver price soars to near $33.30 despite multiple headwinds. US Trump didn’t reveal a detailed reciprocal tariff plan on Thursday. The Fed is expected to hold interest rates steady in the next three policy meetings. Silver price (XAG/USD) surges over 2.5% to near $33.30 in Friday’s North American session, the highest level seen in more
Silver price grips gains near $32.30 amid weakness in the US Dollar and uncertainty over Trump’s reciprocal tariffs. The US Dollar declines as optimism over Russia-Ukraine peace talks has improved market sentiment. Hot US CPI data for January has boosted expectations for the Fed’s “higher for longer” interest rates. Silver price (XAG/USD) holds onto gains
Silver declines amid profit-taking and high U.S. Treasury yields. Bearish momentum as silver tests 50-day SMA at $30.38. Recovery possible if silver breaches 100-day SMA at $30.93, aiming for December high of $32.34. Silver price extended its losses for the second consecutive day amid high US Treasury bond yields and traders booking profits ahead of