
- Silver price remains under pressure near $30.35 in Friday’s early European session.
- Trump trades are likely to support the Greenback and undermine the USD-denominated Silver price.
- Global silver demand in 2024 could help limit the XAG/USD’s losses.
Silver price (XAG/USD) trades in negative territory around $30.35 on Friday during the early European session. The white metal remains vulnerable amid the stronger US Dollar (USD). Traders await the release of the US October Retail Sales report on Friday for fresh impetus. The Fedspeak will be closely monitored as it might offer some hints about the US interest rate outlook.
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