Silver Price Analysis: XAG/USD Retreats from One-Month High
Silver (XAG/USD) faces increased selling pressure, pulling back from a one-month high reached the previous day. Currently trading around the $30.60 to $30.55 range, XAG/USD is down approximately 0.70% for the day. This retreat represents a notable shift after recently touching the $31.00 area. Market analysts attribute the decline to profit-taking after a strong rally. As the currency pair moves through the first half of the European session, investors are watching closely for signs of further direction. Stay updated with market trends at Entreprenerdly.com.