Silver prices (XAG/USD) experienced a decline during the Asian trading session on Friday, falling to approximately $64.95. This drop comes after the white metal reached a record high in previous sessions as traders engaged in profit-taking, reflecting a natural pullback following significant gains.
Despite the recent downturn, silver remains supported by market expectations of potential rate cuts from the Federal Reserve. These bets on easing monetary policy continue to influence the currency pair, suggesting that while profit-taking may have temporarily impacted prices, the underlying bullish sentiment could sustain upward momentum in the longer term.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-19 04:54
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.