[MARKET UPDATE] Spot silver extends above USD 98/oz, as the precious metal continues to outperform XAU

Spot silver breaking above USD 98 per ounce indicates strong demand and likely a shift in market sentiment, particularly as it outperforms gold (XAU).

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[MARKET UPDATE] Spot silver extends above USD 98/oz, as the precious metal continues to outperform XAU

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This trend may suggest a greater appetite for silver as a safe haven, which could have implications for inflation hedges and risk sentiment in the broader market during this Asian session.

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