XAG/USD rises 2.4% to $69.75, extending a 7% weekly gain as the US Dollar continues to decline.
Silver prices climbed to $69.75, up 2.41% on Friday, reaching their highest level in two months. The rally is driven by sustained weakness in the US Dollar, which has supported the white metal throughout the week.
The commodity is on track for a weekly gain exceeding 7%, marking its strongest performance in recent months. Prior to this surge, silver had traded in a narrower range, with limited upward momentum.
No immediate market reaction data was provided, but the move reflects broader trends in currency and commodity markets.