Stock Track | ProShares Ultra Silver Soars 8.44% Intraday as Safe-Haven Demand and Fed Turmoil Boost Silver Prices

Stock Track01-13

ProShares Ultra Silver (AGQ) surged 8.44% in Tuesday's intraday trading, reflecting a sharp rally in silver prices driven by heightened safe-haven demand and ongoing Federal Reserve turmoil.

The precious metals market is benefiting from a combination of geopolitical instability in the Middle East, particularly in Iran, and unprecedented judicial pressure on Fed Chair Jerome Powell. These factors have significantly boosted demand for safe-haven assets like silver, with prices holding firmly above key levels. Analysts note that the market's bullish sentiment is likely to persist until the Fed's legal issues and Middle East tensions ease.

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