Silver
Unlike gold, the price of silver swings between its perceived role as a store of value and its role as an industrial metal. For this reason, price fluctuations in this market are more volatile than in the market for gold.
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XAG/USD consolidates around $33.00; seems poised to climb further
Silver struggles to capitalize on the previous day’s strong move up. A breakout through a short-term descending channel favors bulls.…
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XAG/USD falls toward $32.00 amid potential Russia-Ukraine ceasefire
Silver price declined as optimism surrounding potential ceasefire talks between Russia and Ukraine dampened demand for safe-haven assets. President Trump…
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XAG/USD remains below $32.50, upside seems possible due to US economic uncertainty
Silver price may rise following Moody’s decision to downgrade the US credit rating by one notch. The grey metal has…
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XAG/USD slips as US yields rebound, hovers below $32.50
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade. RSI flat near neutral; a…
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XAG/USD hovers near $32.50 amid US ban news on China’s chip firms
Silver price struggles as the Trump administration to add several Chinese semiconductor firms to its export blacklist. Safe-haven demand for…
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XAG/USD breaks below $32.00 with developing bearish bias
Silver may fluctuate around the eight-month low of $28.00, last touched on April 7. The 14-day RSI has dipped below…
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XAG/USD slides back closer to mid-$31.00s; down nearly 1% for the day
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout…
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XAG/USD rises to near $33.00 with developing bullish bias
Silver price may aim for a retest of the six-week high of $33.69, last seen on April 24. The 14-day…
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XAG/USD rises to near $33.00 on M&A news, geopolitical tensions
Silver price found support following news that Canadian mining company Pan American Silver plans to acquire MAG Silver Corp. Ongoing…
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XAG/USD trades with mild positive bias around mid-$32.00’s
Silver once again finds some support and attracts buyers near the $32.20 area. The formation of a bullish flag pattern…
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