[MARKET UPDATE] Spot silver (XAG) extends beyond USD 90/oz, extending its 2026 gains to 26%
Newsquawk Staff ·
Spot silver (XAG) extends beyond USD 90/oz, extending its 2026 gains to 26%.
What it means
Spot silver breaking above USD 90/oz reflects strong demand dynamics, likely driven by both safe-haven buying amidst ongoing market uncertainties and robust industrial consumption. With a 26% gain in 2026 to date, this could imply a sustained bullish sentiment, prompting traders to reassess their positions on silver and related commodities in the context of inflation and global economic trends.
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