An extraordinary week in the world of silver, where the prices reached an exhilarating height of $64.64 USD. However, in the aftermath of this rally, the price took a decisive pullback and made the precursors wonder – What’s next for XAG/USD? Silver’s performance in the last week created a stir in the market, putting the spotlight on this shiny metal’s potential. The sudden rise to the historic mark of $64.64 resulted from a buoyant market sentiment and several economic factors. Despite the pullback, experts are adamant that the long-term bullish story for silver is still intact. With the global market increasingly volatile due to a number of uncertainties such as inflation, the never-ending COVID-19 pandemic, and the geopolitical tensions, silver may continue to shine bright, retaining its status as a safe haven asset. Read More
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