Silver prices (XAG/USD) are currently trading around $66.50 per troy ounce during European trading hours on Thursday, maintaining a position close to the record high of $66.89 reached on Wednesday. This movement reflects the ongoing volatility in precious metals, influenced by shifts in investor sentiment and macroeconomic factors.
The recent surge in silver prices is attributed to increased demand as traders look for safe-haven assets amid economic uncertainty. The exchange rate dynamics between the USD and EUR also play a significant role, as fluctuations in the dollar can impact the attractiveness of silver. As the market watches these developments, further movement in XAG/USD could signal continued opportunities for traders looking to capitalize on this upward trend.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 09:27
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.