Silver (XAG/USD) surged to a new all-time high on Wednesday, trading around $90.50, an impressive increase of 4.30% for the day. This remarkable uptick in the precious metal is largely attributed to escalating geopolitical risks and growing concerns over the independence of the Federal Reserve, which are driving investors toward safe-haven assets.
The rising price of silver reflects a broader trend in the market, where uncertainty surrounding both domestic and global issues is influencing trading decisions. As the exchange rate for XAG/USD reaches these new heights, traders are closely monitoring developments that could impact future price movements, particularly in relation to USD fluctuations and economic stability.
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Data Source: FX Killer Analysis Team Updated: 2026-01-14 12:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.