Silver Price Analysis: XAG/USD Collapses Below $30.00 As Double Top Emerges
June 04, 2024 at 21:10 PM EDT
Silver prices sank sharply on Tuesday amid falling US Treasury bond yields and a firm US dollar. The grey metal dropped more than 4% at the time of writing and trades at $29.48 after the XAG/USD hit a daily high of $30.88.