Silver Price Soars Above 36 Amid Economic Uncertainty and Rising Demand
Silver (XAG/USD) trades positively, surpassing the $36 mark during the Asian trading session on Monday. Despite a robust US employment report for May, the white metal shows resilience. Economic concerns and increasing industrial demand drive silver’s upward momentum. Investors keep a close eye on market volatility, as silver’s appeal is often heightened during uncertain times. Analysts suggest that this trend could continue, with many predicting that silver will face upward pressure as the global economy navigates recovery amidst inflationary concerns.