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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 03/Jan 16:59

Silver nears $29.80 on renewed safe-haven demand

The price of silver rose further to near $29.80 in Friday’s European session. The white metal gained as demand for safe-haven assets has improved on renewed geopolitical tensions. According to reports from Axios, US President Joe Biden discussed possible strikes on Iran’s nuclear facilities with his national security team, with few weeks remaining for President-elect Donald Trump to take administration. Axios reported that White House National Security Advisor Jake Sullivan presented President Biden with options for a potential US attack on Iran’s nuclear sites. Historically, demand for safe-haven assets, such as XAGUSD, improves in heightened geopolitical uncertainty. Additionally, prospects of

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