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Silver Price Forecasts: XAG/USD holds below $80 as hopes of US-Iran peace wane

Silver (XAG/USD) has retreated nearly $4 from the monthly high right above $83.00 hit last Friday, as the precious metal consolidates immediately below the $80.00 level, with investors returning to the safe-haven US Dollar (USD), with the Middle East peace process under pressure.

SILVER
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Silver (XAG/USD) has retreated nearly $4 from the monthly high right above $83.00 hit last Friday, as the precious metal consolidates immediately below the $80.00 level, with investors returning to the safe-haven US Dollar (USD), with the Middle East peace process under pressure.