Silver Price Rises Above 33 as Safe-Haven Demand Moves
Silver price or XAG USD has begun to edge higher after previously facing over a 1% loss. Now hovering around $33.10 per troy ounce during the Asian trading hours, the demand for safe-haven assets remains a key driver. Market participants, especially those focused on manufacturing-sensitive commodities, should stay vigilant about ongoing fiscal deficit concerns in the US that could affect silver prices.