3 Warning Signs: Silver’s potential Plunge, says Top Commodities Expert

According to a top commodities expert, three alarming indicators suggest that silver may be on a trajectory for a further fall. These signs are:

2. Volatile Market Conditions: The current unprecedented global economic scenario marked by inflation and increased government borrowing can spur market volatility affecting silver prices.

4. Increased Dollar Strength: The strength of the US dollar has an inverse relationship with silver prices. A stronger dollar can subsequently push down silver prices.

6. Rising Interest Rates: Anticipated further increases in interest rates by central banks also pose a potential threat. Higher rates make silver a less attractive investment compared to yield-bearing assets.

Investors are advised to monitor market conditions closely and consider these factors while making any investment decisions. Read More