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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 04/Jul 12:21

Silver breaks below $30.50 on quest for Gaza ceasefire

The price of Silver halted its five-day winning streak, with XAGUSD trading around $30.40 per troy ounce on Thursday. The decline in the safe-haven metal is attributed to increased optimism following signs of renewed efforts to secure a ceasefire deal between Israel and Hamas, as reported by Reuters. Mediators Egypt and Qatar delivered a response from Hamas to a proposal that includes the release of hostages held in Gaza and a ceasefire in the Palestinian enclave. Israel is currently studying the document, according to a statement released by Prime Minister Benjamin Netanyahu’s office on behalf of the Mossad agency. The XAGUSD

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