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December 17, 2024

Silver Prices Remain Weak Near 30.50 with Bearish Outlook

Silver prices, represented by the XAG/USD pair, continue to decline for the fourth consecutive day. Trading around 30.50 per troy ounce, the market reflects a shift to bearish momentum. Recent analysis of daily charts indicates a break below the ascending channel pattern, warranting caution among investors. Understanding this trend is key for those considering silver investments in the current market environment.

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