Silver prices (XAG/USD) have rebounded strongly after two consecutive days of losses, surging to a record high of $94.15 in early trading. As of now, the precious metal is trading around $93.70 per troy ounce during the early European session on Monday. This significant movement highlights robust demand for silver amid ongoing market volatility.
The surge in silver prices can be attributed to a combination of factors, including heightened investor interest in safe-haven assets and fluctuations in the broader financial markets. As traders closely watch the currency pair's exchange rate, the implications of this upward movement may influence trading strategies in the coming days, particularly against the backdrop of a fluctuating USD.
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Data Source: FX Killer Analysis Team Updated: 2026-01-19 07:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.