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XAG/USD nosedives below $36 on improvement in Sino-US trade relations

Summary by bipns.com
Silver price faces an intense sell-off due to multiple headwinds. Stable truce between Israel and Iran, and improving US-China trade relations weakens demand for safe-haven assets. Accelerating Fed dovish bets fail to support the Silver price. Silver price slides over 2% to near $35.85 during European trading hours on Friday. The white metal faces a sharp selling pressure due to improvement in trade relations between the United States (US) and C…
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bipns.com broke the news in on Friday, June 27, 2025.
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