Back To Top

December 5, 2024

Silver Price Forecast: XAG/USD Struggles Below $31.50

Silver prices (XAG/USD) are currently losing traction as they hover below the $31.50 mark. The recent comments from Federal Reserve officials suggest a cautious approach to rate cuts, which has left the silver market grappling with uncertainty. Traders should closely observe how fluctuations in interest rate expectations affect silver, as they play a significant role in shaping investor sentiment. Keeping an eye on economic indicators will be crucial for determining the next direction for XAG/USD.

Prev Post

USD/JPY Struggles as Soft ISM Services Report Takes Toll

Next Post

GBP/USD Holds Steady Above 1.2700 Amidst Soft Dollar Conditions

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment