Silver prices declined by 0.44% on Thursday, trading around $66.70, according to FX Street. This movement retraced part of the gains seen on Wednesday, reflecting some profit-taking in the precious metals market.
The XAG/USD pair's pullback highlights ongoing volatility amid fluctuating investor sentiment in commodities. Despite the slight drop, silver remains near recent highs, maintaining interest among traders watching safe-haven assets.
For Japanese investors, this correction comes as the yen remains sensitive to global risk trends, influencing demand for precious metals as alternative stores of value.