Silver Price Forecast: XAG/USD stalls below $39.40 long-term highs amid higher appetite for risk

  • Silver (XAG/USD) is trading within a tight range at multi-year highs above $39.15 in the early European session on Wednesday. The precious metal retains most of its previous gains, despite the brighter market mood following the US-Japan trade deal, although upside attempts remain capped below $39.40.