Silver Price Forecast: XAG/USD refreshes five-month high near $34.60 on global trade concerns
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Silver prices reached a five-month high near $34.60, driven by global trade concerns and expectations of US tariffs. Investors are viewing silver as a safe-haven asset due to potential economic slowdown and inflationary pressures. The US Dollar is weakening, and the Federal Reserve is expected to maintain a restrictive monetary policy in response to higher-than-expected core PCE inflation.

March 28, 2025 | 3:00 pm
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Silver prices are experiencing upward momentum due to trade tensions, potential tariffs, and inflationary pressures. Technical indicators suggest bullish sentiment with RSI rebounding above 60 and approaching the October high of $34.87.
Multiple factors are supporting silver prices: 1) Safe-haven demand during trade tensions, 2) Weakening US Dollar, 3) Higher inflation expectations, 4) Positive technical indicators
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100