Silver sinks over 5% as XAG/USD breaks below $55
Silver price dropped more than 5% on Thursday amid investors buying US Treasuries and rising energy prices plus a strong US Dollar. XAG/USD is trading near $54.85 with bears targeting $50.
Original · FXStreet AI summary of public reporting
Why: Rising energy prices and strong USD weigh on silver
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At publication → CurrentSILVER54.74 → 54.64−0.2%