Silver (XAG/USD) price has remained very volatile this year. The price of the precious metal had almost a 9% surge in the first 3 months of 2023. However, the price action reversed after rejection from the $25.3-$26.8 supply zone. Consequently, Silver price has been in a downtrend since May 2023. The XAG/USD pair continued to drop on Monday after falling 1.08% on Friday. At press time, Silver is trading at $23.38 as the precious metal was down 0.94% at the start of its London session. The DXY index started the week in green and was up 0.25%. The ongoing slump in XAG/USD and the XAU/USD pairs can be attributed to a ... (full story)