Silver prices (XAG/USD) have surged to nearly $33.00 during European trading hours, reaching their highest level in over two weeks. This sharp increase comes as market participants grapple with intensifying fears regarding a potential economic slowdown in the United States (US). The ongoing uncertainty has placed the US Dollar (USD) under pressure, which in turn has bolstered the appeal of safe-haven assets like silver. Investors are keenly aware of the developments that could impact silver prices, looking for cues from economic data and market sentiment as they navigate trading decisions in this volatile environment.