Silver price (XAG/USD) continues its winning streak for the sixth consecutive day, trading around $34.10 per troy ounce during the Asian session on Tuesday.
Silver price receives support from the safe-haven flows amid rising geopolitical tensions. Israel has targeted sites linked to Hezbollah's financial operations in Beirut, heightening concerns about an escalating conflict. With the US election just two weeks away, demand for safe-haven silver is on the rise. Silver price continues its winning streak for the sixth consecutive day, trading around $34.10 per troy ounce during the Asian session on Tuesday.
Silver FAQs Why do people invest in Silver? Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods.
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