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Silver Price Forecast: XAG/USD slips as US-China trade truce boosts US Dollar
Silver price ended Monday’s session with losses of over 0.40% as upbeat news from last weekend's meetings between US and Chinese delegations delivered an agreement to reduce tariffs for 90 days, marking the beginning of negotiations. The XAG/USD trades at $32.56, unchanged as Tuesday’s Asian session begins. Silver price has consolidated within the $32.00-$33.00 range over the last five trading days, amid a lack of commitment from buyers and sellers to push the grey metal upward or downward due to geopolitical uncertainty and the Greenback’s volatility. As the US Dollar posts solid gains, XAG/USD could be headed ... (full story)
