XAG/USD EDGES HIGHER TO NEAR $32.50 DUE TO SAFE-HAVEN DEMAND
XAG/USD EDGES HIGHER TO NEAR $32.50 DUE TO SAFE-HAVEN DEMAND
Silver (XAG/USD) is trading around $32.30 per troy ounce during Wednesday's Asian session, showing a modest recovery after recent losses.
Lingering uncertainty over U.S. trade policy continues to fuel safe-haven demand for silver, as investors seek refuge in precious metals amid geopolitical and economic uncertainties.
Ongoing global economic concerns, including trade tensions and inflationary pressures, contribute to the increased appeal of silver as a store of value.
Analysts suggest that silver prices could continue to benefit from safe-haven flows, potentially reaching higher levels if geopolitical tensions persist and economic uncertainties remain.
