Silver Price Breaks $30 Barrier Amid Economic Volatility – FXStreet

In an unanticipated rebound, the price of silver (XAG/USD) accelerates beyond $30.00, fueled by elevated U.S. yields and a vigorous U.S. dollar. This surge comes as a response to jittery market sentiment and escalating inflation fears precipitating a rush towards precious metals as an alternative investment. Despite the U.S. dollar’s strength exerting pressure on commodities priced in the greenback, silver managed to escape the fallout and capitalize on the current economic situation. Read More