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XAGUSD Silver Price
Silver price recovers some of yesterday losses today, showing that silver keeps the positive momentum alive. Cold yesterday retreated from the eight-year highs, and silver followed the move retreating from the 18 mark, down to 17.36.
Crude Oil prices
Crude oil is down for a second straight day as investors remain cautious about the rising number of coronavirus cases in the United States and elsewhere. Investors are also concerned about the rising inventory numbers from the United States. The price of Brent and West Texas Intermediate (WTI) is at $39.96 and $37.7, respectively.
Silver price
Silver price (XAGUSD) declined slightly today as investors reacted to the ongoing risks about coronavirus. The metal is down by 0.30% while gold price is up by more than 1.52%. It is also a few points below its highest point since February 20. Even with the decline, the price of silver is bullish and will likely move to $19 in the next few weeks.