Silver (XAG/USD) Rallies to Near $60 on US-Iran De-escalation
Silver prices jumped on Monday as geopolitical tensions eased, with XAG/USD rising 2.27% to around $59.45.
XAGUSD
Silver prices surged on Monday, with XAG/USD trading near $59.45 at the time of writing, a gain of 2.27% on the day. The rally came as markets embraced signs of de-escalation between the US and Iran, reducing demand for safe-haven assets and boosting risk appetite.
The move pushed silver toward the $60 level, a key psychological mark. No further details were immediately available in the post.
Source: FXStreet Forex News