Silver Price Forecast: XAG/USD (Silver) prices are softly back on Monday in a relief pullback from Friday’s peak into $22.82. While bullish momentum saw a boost for spot Silver on the back of an escalation of the Israel-Hamas conflict last week, Silver’s deep bear rout from August’s peaks at the $25.00 handle are constraining metal bulls.
Gold Market Reaction: XAU/USD Dips Below $2,500 Amid US Dollar Recovery
Introduction In the latest market developments, gold (XAU/USD) has experienced a noteworthy dip below the $2,500 mark, primarily driven by the resurgence of the US Dollar (USD). The week began on a relatively quiet note …