Silver, one of the most precious metals, continues its downward trajectory as the US Dollar strengthens its upward rally. On Tuesday, 12th November 2024, XAG/USD fell further to the $30.00 threshold. This depreciation in silver value mirrors an inverse relationship with the rising US Dollar. Given its safe-haven status, the greenback continues to attract investors amidst global economic uncertainties, thereby causing a push-pull effect on the silver prices. However, the silver market is known for its unpredictability, and only time will tell what turn this forecast takes in the future. Read More
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