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Silver rebounds sharply on safe-haven demand, rate cut expectations
Silver (XAG/USD) trades firmly higher on Friday and hovers around $76.20 at the time of writing, posting gains of 3.50% on the day. After coming under pressure earlier in the day, the white metal attracts dip buyers amid a renewed shift toward safe-haven assets and revived speculation about a more accommodative US monetary policy. The return of risk aversion across global markets boosts demand for precious metals, as investors remain attentive to geopolitical tensions and sensitive diplomatic discussions involving the United States (US). At the same time, signs of weakness in the US labor market strengthen ... (full story)
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