Silver price (XAG/USD) gains ground for the third successive session, trading around $31.00 per troy ounce during the Asian hours on Thursday.
Silver price holds gains as investors exercise caution ahead of US Consumer Price Index data due on Thursday. Fed Powell's neutral remarks on Wednesday provided support for non-yielding Silver . Renewed Israeli attacks could hinder efforts to negotiate a ceasefire agreement and bolster the demand for the safe-haven Silver . Silver price gains ground for the third successive session, trading around $31.00 per troy ounce during the Asian hours on Thursday.
Hamas, the militant group, warned that renewed Israeli attacks could disrupt efforts to negotiate a ceasefire in the Gaza conflict, with discussions slated to resume in Doha on Wednesday. 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.
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