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Silver Price Forecast: XAG/USD corrects from over one-month top, slides to mid-$30.00s
Silver (XAG/USD) drifts lower on Thursday and for now, seems to have snapped a three-day winning streak to the highest level since December 13, around the $31.00 neighborhood touched the previous day.Fxstreet
Jan 23, 2025
WTI extends downside to near $75.00 amid uncertainties
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $75.00 on Thursday. The WTI price extends its decline to a fresh one-week low as traders assess how US President Donald Trump’s proposed tariffs could affect the global energy demand and economy.Any further strength in Gold is likely to lift Silver – TDS
Algos are going to propel precious metals further. Markets expect CTAs will add to their net length in Gold over the coming week, in any scenario for future prices. This bolsters our conviction that the time for caution in gold has ended, TDS' Senior Commodity Strategist Daniel Ghali notes.Featured Tools
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