Category: Commodities Forecast

Silver, also known as the poor man’s gold, witnessed a significant drop in its value as the XAG/USD pair moved below the $32.50 benchmark. This unexpected turn of events is primarily credited to the easing of trade concerns across global markets. It appears that the worries regarding trade restrictions and tariffs are lessening, which triggered…

Despite the bearish pressures in the global market, the XAG/USD pair has impressively managed to hold ground above the $34 mark. Amidst volatile trading sessions early this week, silver glittered, defying the overall negative trend. The precious metal had initially slumped, falling prey to the soaring US treasury yields exerting their dominance over the commodities…