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Silver Price Forecast: XAG/USD hovers around $47.50 as safe-haven demand increases

Silver price (XAG/USD) hovers near a new 14-year high of $47.83 reached on Wednesday, trading around $47.50 per troy ounce during early European hours on Thursday. Crude Oil prices may appreciate further amid increased safe-haven demand following the United States (US) government shutdown.
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USD/CAD Price Forecast: Potential double top near 1.3960

The US Dollar is drifting away from Tuesday’s highs at 1.3957 against the Canadian Dollar in Wednesday’s early European session.
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