Silver Price Forecast: XAG/USD explodes above $34 on US tariff turmoil
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Silver prices experienced a sharp rally, breaking above $34.00 per ounce, driven by uncertainty surrounding potential US tariffs on cars. The precious metal is trading at $34.38, up over 2.20%, with technical indicators suggesting potential further upside towards $35.00 and resistance levels at $37.49 and $44.22.
March 27, 2025 | 11:15 pm
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Silver prices rallied above $34.00, driven by geopolitical tensions and potential US tariff impacts. Technical analysis suggests bullish momentum with potential to reach $35.00.
Geopolitical uncertainty and potential US trade tariffs are driving investors towards safe-haven assets like silver, pushing prices higher and breaking key technical resistance levels.
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IMPORTANCE 85
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