Silver Price Forecast: A Downward Trend Below $30.00 as Safe-Haven Demand Diminishes
Silver, symbolized as XAU/USD in the forex exchange, projects a potential downside below $30.00. This trend appears to be influenced by diminishing interest in this commodity as a safe-haven asset.
The decreasing safe-haven demand is likely a result of shifting investor interest towards more aggressive, high-risk markets.
Despite this, experts continue to monitor the silver market closely as any significant changes in global economic factors could potentially trigger a rethink of silver as an asset class. Read More
Leave a Reply