Silver (XAG/USD) continues its impressive rally, reaching a new record high of approximately $69.45 during the Asian trading session. This strong upward momentum has been driven by a combination of factors, including ongoing demand for safe-haven assets amid global economic uncertainties and a weakening USD that has bolstered precious metal prices.
As bulls maintain control over the currency pair, traders are closely monitoring potential resistance levels and further movements in the exchange rate. The sustained interest in silver reflects broader market sentiments, as investors look for alternatives in the face of fluctuating equities and geopolitical tensions. The current bullish trend suggests that silver may continue to attract attention in the trading arena, further impacting the dynamics of the commodities market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 07:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.