Silver Prices Drop as XAG USD Hits Three Month Lows
Silver prices continued to decline, with XAG USD trading around $28.90 per troy ounce. This marks an ongoing trend that began earlier this month. Recently, the price hit a fresh three-month low of $28.74. Traders are cautious as they seek signs of recovery or further declines.
Market dynamics suggest that ongoing economic conditions may continue to influence silver prices in the near term. Investors should analyze market indicators and global economic events impacting silver’s downward trajectory.