Silver prices (XAG/USD) surged during Asian trading hours on Monday, climbing above $92.50 to reach approximately $92.65. The rally comes amid heightened safe-haven demand following US President Donald Trump’s renewed threats regarding tariffs, prompting traders to seek refuge in precious metals like silver.
As market participants react to geopolitical tensions, the outlook for silver remains bullish, potentially setting the stage for a record high. Safe-haven assets are likely to continue attracting investment as uncertainty in the broader markets persists, impacting the trading dynamics of XAG/USD and its exchange rate against other currencies, particularly the USD.
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Data Source: FX Killer Analysis Team Updated: 2026-01-19 03:50
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.