Silver prices (XAG/USD) experienced a significant decline on Monday, trading at $75.07 per troy ounce, marking a drop of 4.29% from Friday's close of $78.44. This bearish movement in the silver market reflects broader trends affecting precious metals, as traders react to fluctuating demand amid changing economic conditions.
The decline in silver's exchange rate against the USD may be influenced by a stronger dollar and shifting investor sentiment, as market participants reassess their positions in light of recent economic data. As trading continues, analysts will be closely monitoring these developments, which could further impact the silver currency pair and its performance in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2025-12-29 09:52
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.