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April 21, 2025

Silver Surges Close to 33.00 on Growing Safe-Haven Demand

The price of silver (XAG/USD) has successfully regained its recent losses, currently trading nearly at 32.80 per troy ounce as of the Monday European session. This recovery is driven by a revival of safe-haven demand, primarily due to the weaker US Dollar. Investors are turning to silver as a protective asset amid current market uncertainties. As we move forward, market participants should monitor both silver prices and the broader economic indicators that could continue to influence demand for precious metals.

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