OmaimaKhizar(@OmaimaKhizar)'s insights

Silver XAG is having a rough week — down nearly 7% and sitting around **$74–$75 per ounce** right now. It opened the day at $75.90 but has been sliding since.
The main culprit? The whole US-Iran situation and the Strait of Hormuz being blocked is pushing oil and inflation fears up, which is bad news for silver. It's actually dropped about 17% since that conflict kicked off.
The crazy thing though — silver is still up over **130% compared to last year**, so the bigger picture is still pretty wild.
Rough week, but the longer trend tells a different story. 
$XAG 
#xag 
XAGUSDT
Perp
86.83
-0.03%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Silver XAG is having a rough week — down nearly 7% and sitting around **$74–$75 per ounce** right now. It opened the day at $75.90 but has been sliding since.

Silver XAG is having a rough week — down nearly 7% and sitting around $74–$75 per ounce right now. It opened the day at $75.90 but has been sliding since.