Silver Price Plummets
In a shocking turn of events, the price of Silver (abbreviated as XAG/USD in forex market) has suffered a major blow, crashing towards the $33.00 mark. This dramatic downfall marks the metal’s worst daily loss since February.
Market analysts cite concerns over fluctuating demand and supply scenarios, coupled with volatility concerning global market trends as potential causes for this plunge. All eyes are now on the market’s response, with speculators and investors holding their breath.
Moving forward, experts suggest a cautious trading strategy while keeping a keen eye on global market signals. The closing weeks of the first quarter have certainly proved turbulent for silver, offering a stark reminder of the volatile nature of commodity markets. Read More
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