Silver Price Eyes $35 as Geopolitical Risk and Fed Pause Fuel Demand
Silver (XAG/USD) continues its upward trajectory, marking a third consecutive week of gains amid geopolitical tensions and dovish central bank policies. The metal’s appeal as a safe-haven asset is bolstered by stalled US-China trade talks, with Beijing insisting on tariff removals as a precondition for progress.
Market expectations of an 84-basis-point Fed rate cut by 2025 are creating tailwinds for non-yielding assets. Technical indicators suggest bullish momentum, with a decisive break above $34.06 potentially opening the path to $35.