The precious metal, Silver, is making headlines as XAG/USD surged to hover near the $29.50 mark due to a significant increase in safe-haven demand. The global economic uncertainties have bolstered the metalâs status as a reliable store of value, attracting investors to pile onto their silver reserves. This has ignited a spark in the silver market, driving the price higher. The upward trend is likely to continue as destabilizing factors in global economies persist, thereby fueling safe-haven demand. Stay tuned to FXStreet for further updates. Read More
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