Silver Prices Decline as Safe-Haven Demand Weakens
Silver, represented by the XAG/USD currency pair, has maintained subdued trading outcomes for four consecutive sessions. Currently pegged around $38.00 per troy ounce, reports indicate that safe-haven demand for silver has weakened. This decline correlates with increasing optimism surrounding a potential resolution to the Ukraine-Russia conflict. Traders are encouraged to reassess their positions amid these shifting dynamics.