Silver Price Soars 3.40% as Dollar Weakens
The Silver price experienced a significant surge on Wednesday, rising by over 3.40% as the US Dollar weakened.
This unexpected rally has put the confirmation of a 'head-and-shoulders' chart pattern on hold, which had formed since mid-August.
The XAG/USD pair is currently trading at $68.00 after rebounding off $65.31 and reaching an eight-day high of $68.30.