Silver price (XAG/USD) breaks its three-day losing session, trading around $32.70 during the European hours on Monday.
Silver price appreciates as the US Dollar loses ground amid lower Treasury yields. The recent poll indicated that Kamala Harris and Donald Trump are locked in a close contest across seven battleground states. Silver demand may increase as China approves an additional stimulus package of more than 10 trillion yuan. Silver price breaks its three-day losing session, trading around $32.70 during the European hours on Monday.
Silver FAQs Why do people invest in Silver? Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods.
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