The Silver price resumed its downtrend after touching $24.70 recently. Economists at ANZ Bank analyze XAG/USD’s outlook.
We expect investment demand to turn, consistent with fundamentals, and for prices to rebound toward $25 by the end of this year.
India’s imports of silver from the United Arab Emirates (UAE) are rising under the Comprehensive Economic Partnership Agreement (CEPA).
See – Silver Price Forecast: XAG/USD strives for interim support near $22.40 after strong Retail Sales data