The silver price (XAG/USD) has recently reached a fresh four-month high, hovering around $34.10 during European trading hours on Tuesday. The white metal’s strength correlates directly with the downturn in the value of the US Dollar (USD) amidst growing concerns about the economic outlook.

As traders prepare for the upcoming Federal Reserve policy decisions, there’s an air of anticipation surrounding further movement in silver prices. Keeping abreast of these developments is essential for anyone involved in trading silver.