The silver market is witnessing a noteworthy dip in recent times attributed to the strength of the US Dollar. There has been nearly a 4% weekly drop in XAG/USD. Also of note, the current scenario in financial markets amplifies the US Dollar’s value as a global safe haven, thereby putting downward pressure on the silver price. Although investors are keeping a close watch on market indicators, the strength of the US greenback continues to hold sway over the silver market. All in all, it is deemed advisable for investors to remain vigilant to make informed decisions in this fluctuating environment. Read More
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