Silver Price Forecast: Silver prices (XAG/USD), have dropped to around $35.45 during Thursday’s European trading session. This marks the third day in a row that silver has fallen, losing nearly 1.5% of its value. Even though silver reached a high of $36.90 earlier this week—the highest in over ten years—it’s now facing selling pressure. Surprisingly, this drop is happening despite growing tensions in the Middle East, which usually make safe-haven assets like silver more attractive.
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Gold prices (XAU/USD) are having a tough time climbing higher today. After a small bounce from around $3,300, gold is still below its recent peak during Tuesday’s European trading session. Let’s break down what’s happening and why gold isn’t making big moves.
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