Silver Price (XAGUSD): 3 Days in the Red but Goldman is Still Optimistic

From investingcube.com

The momentum of silver price (XAGUSD) has waned. The metal is down for the past three consecutive days and is down by more than 4% today. It is trading at $23.30, which is significantly lower than this week’s high of $26.18. Other metals have also declined, with copper price falling by 0.80% and gold price declining by 0.40%. Silver price falls because of the stronger US dollar The main reason why silver price is falling today is because of the stronger US dollar. The closely-watched US dollar index has jumped by about 0.10% today in reaction to the mild interest rate decision by the Federal Reserve. Gold and ... (full story)