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May 8, 2025

Silver Gains Momentum: XAG/USD Poised for More Upside

Silver (XAG/USD) attracted fresh buying interest during the Asian session on Thursday, successfully reversing much of the previous day’s notable retracement. The white metal rose to the $33.00 area, demonstrating signs of stability and potential for further appreciation in the near term. Analysts indicate that the current bullish trend may continue as demand for silver strengthens among investors. As market conditions evolve, it is essential to keep a close watch on price levels and market sentiment surrounding silver investments. Staying informed can enhance decision-making for those involved in trading this precious metal.

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