Silver prices edged higher on Monday, with XAG/USD rising to $64.24 per troy ounce, marking a 1.08% increase from Friday’s close at $63.55, according to FX Street.
The precious metal traded around $64.30 after surpassing July’s previous peak near $63.30, signaling renewed strength in silver markets.
For Japanese investors, this move may influence portfolio strategies as the yen’s sensitivity to commodity prices could impact FX and equity market dynamics.