Metals have seen a strong multi-year performance, largely driven by post-COVID currency depreciation. The widespread use of Quantitative Easing (QE) and balance sheet expansions by central banks put fiat currencies under pressure, giving precious metals a solid fundamental tailwind. In contrast, the 2022 global rate-hiking cycle helped restore some purchasing power to fiat currencies, temporarily […]The post Silver Consolidates Close to the 2012 Highs, Poised for a Breakout? appeared first on Action Forex.