Silver (XAG) Forecast: Will Rising Yields and Gold’s Weakness Drag Prices Lower? – FX Empire
Published on Sun, 17 Nov 2024 06:00:00 GMT
The global financial market is witnessing a fascinating shift. As gold’s strength appears to wane, high-yield securities are increasingly taking a prominent role. The question on many analysts’ minds is, ‘Will this new reality pull silver prices down?’
Observers have long considered gold and silver as safe-haven assets. But the recent fluctuation in goldâs value, paired with rising yields, has cast doubt on this premise. Affected by these swings, the potential for a depressed silver market is real, causing concerns among investors and stakeholders.
The apparent weakening of goldâs standing, coupled with stronger yields, is reshaping the precious metals landscape. Whether or not silver will follow goldâs descent or will resist the drag due to its industrial usage, remains to be seen. Read More
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