The ongoing tensions in Eastern Europe have certainly sent ripples through the global financial markets. Among the significant beneficiaries has been Silver with XAG/USD surging beyond the $31 mark. This unexpected bullish rebound highlights the escalating fears of a potential escalation in the Russia-Ukraine conflict. With the rising geopolitical tensions, investors are turning towards the âsafe havenâ assets, undermining electronic currencies such as Bitcoin while boosting traditional ones such as Gold and Silver. This highly dynamical situation requires traders to stay alert, as a single political move may trigger substantial price fluxes in a matter of hours, or even minutes. So, while the current silver price reflects the concerns surrounding the crisis, it also serves as a reminder of the precious metal’s historical role as a reliable store of value during volatile times. Read More
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