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December 2, 2024

Silver (XAG) Forecast: Will Breaking Above $30.25 Signal a Recovery?

Silver struggles to hold near $30.17 as the strength of the US Dollar and rising Treasury yields apply downward pressure on prices. Traders wonder if a breakthrough above $30.25 could signal a potential recovery. Market participants should carefully watch price movements in the coming days, as breaking this level may present new opportunities for traders looking to capitalize on silver’s volatility.

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