Silver Analysis: XAG/USD Falls Back to Annual Lows - StoneX

Silver Analysis: XAG/USD Falls Back to Annual Lows - StoneX

Source: StoneX

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DW NOTE

Silver's retreat to annual lows while the Strait of Hormuz sits effectively closed tells you what you need to know about the metal's safe-haven credentials. Oil is up 8.76% on the week, the 10-year yield has climbed 26.57% year-over-year, and silver holders are selling into the chaos — not because the monetary system is stable, but because liquidity is tightening and industrial demand is collapsing faster than monetary fear can bid it up.

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