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December 12, 2024

Silver Price Forecast: XAG USD Bulls Maintain Control Above $32.00 at Over One Month High

Silver (XAG USD) trades positively above the $32.00 mark during Thursday’s Asian session, positioning near a one-month high achieved earlier this week. The technical setup indicates that the path of least resistance for silver favors upward movements, suggesting bullish sentiment in the market. Investors focusing on precious metals should consider current dynamics, safe-haven demand, and the implications of inflation, which may drive silver prices further upwards.

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