Silver (XAG/USD) has reached unprecedented heights, climbing to a record high of approximately $94.15 as safe-haven demand surges. This rally is largely fueled by heightened risk aversion following former President Donald Trump's renewed tariff threats, which have intensified concerns over trade tensions and geopolitical instability.
The increase in silver's value underscores a broader shift in investor sentiment towards precious metals, as traders seek refuge amidst mounting uncertainty. As the XAG/USD currency pair continues to ascend, market participants are closely monitoring developments that could further impact the exchange rate and drive trading activity in both silver and the broader commodities market.
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Data Source: FX Killer Analysis Team Updated: 2026-01-19 17:48
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.