Silver Prices Surpass 38.00 Amid Rising Market Caution

Silver (XAG/USD) rebounded, rising above the $38.00 mark on Monday. While traders exercise caution, a moderate sense of risk aversion prevails in the markets. Investors are particularly focused on the upcoming meeting between former President Donald Trump and Ukrainian President Volodymyr Zelenskyy. This market sentiment has boosted demand for precious metals, positioning silver favorably at these levels.

Despite the gain, the bullish momentum appears somewhat restrained. Traders remain vigilant as they assess how geopolitical tensions and forthcoming events might influence market movements. For now, silver’s performance reflects an interesting balance between cautious optimism and market uncertainty.