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Silver Price Forecast: XAG/USD rises to near $87.50 on tariff, US-Iran concerns

From fxstreet.com

Silver price (XAG/USD) extends its winning streak for the fourth consecutive day, trading around $87.10 per troy ounce during the Asian hours on Monday. Safe-haven demand for precious metals, including Silver, has strengthened as tariff uncertainty continues to unsettle markets. Following a US Supreme Court decision striking down broad tariff powers, US President Donald Trump sharply criticized the justices and moved to impose a temporary 15% global tariff on imports, escalating trade concerns among investors. Trump’s comments came after the court ruled that his expansive use of emergency powers to levy reciprocal ... (full story)

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  • Category: Fundamental Analysis