Silver price, known as XAG/USD, continues its remarkable ascent, extending gains for the sixth successive day. Currently trading around $29.90 during the Asian hours on Friday, silver reflects the market’s heightened safe-haven demand. Investors seek refuge amid ongoing uncertainty regarding the upcoming US economy under the Trump administration and the Federal Reserve’s interest rate outlook for 2025.

As traders brace for potential shifts in monetary policy and economic indicators, silver’s upward trajectory could gain momentum. Market participants are closely monitoring global developments, positioning themselves to maximize potential gains. Keep an eye on silver as it navigates these turbulent waters and reacts to vital economic signals.