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XAG/USD: Silver Hits New Multi-Month Low in Extension of August 11.4% Fall

Started by PocketOption, Sep 02, 2022, 05:54 am

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PocketOption

XAG/USD: Silver Hits New Multi-Month Low in Extension of August 11.4% Fall

Spot silver entered new month firmly in red and hit new lowest in over two-years on Thursday, in extension of August's 11.4% fall (the biggest monthly loss since September 2020). The metal is under pressure by rising dollar on expectations of further aggressive rate hike and also by slower recovery in certain sectors where silver […]


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