Silver prices (XAG/USD) continue to climb, marking a fourth consecutive day of gains. During the Asian trading session, the white metal surged closer to the $90.00 mark, driven by heightened demand for safe-haven assets amid ongoing geopolitical tensions. Investors are increasingly turning to silver as a protective measure against market instability, pushing the currency pair to new highs.
The sustained rally in silver reflects broader market concerns, particularly regarding escalating geopolitical issues that have left traders seeking refuge in more stable investments. As the exchange rate for XAG/USD approaches this critical psychological level, market participants are closely monitoring developments that could further influence trading dynamics in the precious metals sector. This upward momentum suggests a potential continuation of the trend if uncertainties persist.
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Data Source: FX Killer Analysis Team Updated: 2026-01-14 03:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.