Silver (XAG/USD) has continued its upward trajectory, reaching new record highs for the fourth consecutive day during the Asian trading session. Currently trading just below the $72.00 mark, the white metal shows a daily gain of over 0.50%. This bullish momentum reflects strong investor interest and a favorable market environment for precious metals.
The ongoing rise of silver can be attributed to various factors, including a weakening USD and increasing demand as a safe-haven asset amid geopolitical tensions. As traders monitor the exchange rate fluctuations closely, the implications for the silver market are significant, potentially leading to further price gains as the currency pair gains traction.
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Data Source: FX Killer Analysis Team Updated: 2025-12-24 01:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.