Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

Silver prices see increase across Pakistan

The price of silver in Pakistan depends on various factors such as international market demand and supply, the dollar rate, inflation, public demand and government policies. The price of 52.5 tola silver is considered important because it is historically seen as a standard weight and most silver jewelry is made based on this weight and specific quality. There may be slight price variations in different cities across Pakistan. Silver prices are u…

Silver Price Extends Upside As Dollar Weakness Adds Fuel

Silver price has stayed on course to register the third successive weekly gain despite taking a hit as investors look for fresh impetus in the US-China trade war. The grey metal traded at $32.64 per ounce at the spot market, with its daily gain at $0.74% at the time of writing. It got rejected at the $33.00 mark on Monday and flipping that level to a support will be key to sustaining an upward momentum. Trade tariffs and dollar weakness propel s…

Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

Silver price (XAG/USD) dips slightly during Tuesday’s Asian session, trading around $32.60 per troy ounce, after posting gains in the previous session. The grey metal is under pressure as the US Dollar (USD) regains strength.