The silver market witnessed a downturn, with XAG/USD exchange rate experiencing a dip ahead of the release of Federal Reserve meeting minutes and the impending US-Iran discussions. Global investors are keeping a close eye on these looming geopolitical and macroeconomic events that could potentially disrupt the market dynamics. The impending Federal Reserve minutes are expected to reflect decisions regarding US monetary policy, which exerts significant influence on global silver prices. Meanwhile, the US-Iran talks may also contribute to the market volatility, owing to potential impacts on international trade. Investors are advised to stay alert to these fluctuations and strategize their market moves carefully. Read More
Leave a Reply