Silvers hits new highs on increased demand. Forecast as of 29.05.2024

1 min read

Strong industrial demand for silver, especially from India and China, and the metal’s appeal as a financial asset are working wonders. XAGUSD prices have soared to 11-year highs. Let’s talk about it and make a trading plan.

Monthly fundamental forecast for silver

It is important to be in the right place at the right time! Silver is making the most of its dual status as an industrial metal and a financial asset. With the reinforcement of the bipolar world and the active de-dollarization in the conventional Eastern countries, the XAGUSD quotes have reached a record level since the end of… Read full author’s opinion and review in blog of #LiteFinance

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