“Silver prices are on the rise, approaching $30 today as the U.S. dollar index fell sharply below $101.500. This significant drop in the dollar has reignited silver’s appeal as a safe-haven asset, reversing its previous downward trend. Earlier, a stronger dollar had put pressure on silver, but the recent decline has allowed the metal to gain momentum. Additionally, ongoing expectations for a potential Federal Reserve rate cut in September further bolster Silver’s outlook.”
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