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Silver prices rise to $84.16 per troy ounce, up 5.43% according to recent data

Silver prices surged to $84.16 per ounce, up 5.43% in one day and 18.39% this year, driven by industrial demand and geopolitical tensions. Investors are flocking to silver-backed ETFs. – vtmarketsmy.com

Investor confidence in the Eurozone improved from -6.2 to -1.8, showing positive change.

Eurozone investor confidence has surged, suggesting economic improvement. Meanwhile, the USD faces pressure amid US inflation data. Investors might consider euro strength through EUR/USD options for potential gains. – vtmarketsmy.com

Gold remains strong amid geopolitical tensions and Fed concerns, with traders targeting a breakthrough of $4,600.

Gold prices remain near record highs amid geopolitical uncertainties and concerns about the Federal Reserve’s independence, driving investors to seek safer assets. Strategies like call options are recommended to manage volatility. – vtmarketsmy.com

US Dollar Index (DXY) declines to around 98.80 after four days of increases

The DXY faces crucial support at 98.70 and 98.66. A drop could push it to 97.75. Recent data suggests potential Federal Reserve rate cuts amid varied USD performance against other currencies. – vtmarketsmy.com

EUR/USD rises by 0.35% in Asian trading, reaching around 1.1680 from one-month lows

The EUR/USD pair gains amid US dollar weakness due to political turmoil affecting the Fed. Geopolitical tensions and rising volatility suggest a strategic approach, leaning towards call options for potential gains. – vtmarketsmy.com

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