As focus intensifies on the international precious metals market, the price of silver, represented by the XAG/USD currency pair, continues to hold below the $34.00 benchmark. Traders and investment enthusiasts alike keep a keen eye on the market as they anticipate the release of US Retail Sales data.
The much-observed price downturn comes amidst heightened market volatility. Experts, as well as traders, are predicting how this financial event may play a significant role in silver’s future market movements.
Investors are advised to monitor market trends carefully, considering other economic indicators paired with retail sales data for a comprehensive understanding of potential impacts on silver prices.
Will the pressure continue to keep silver trading below $34.00? All eyes are currently on the soon-to-be-released US Retail Sales data. Read More
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