Silver (XAG/USD) has seen a notable rally on Monday, recovering more than $2 to trade around $63.80, following a bounce from Friday's lows just below $61.00. This upward movement brings the currency pair closer to its all-time high of $63.65, signaling strong momentum in precious metal markets.
The firm tone in silver prices can be attributed to broader market dynamics, as investors seek safe-haven assets amid ongoing economic uncertainties. With precious metals gaining traction, traders are closely monitoring the exchange rates and technical levels, particularly the resistance around $63.65, which could dictate future trading strategies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-15 11:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.