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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Silver Price – XAG/USD falls to near $56.50 amid rising Fed rate hike odds
Silver drops as rising Fed interest rate expectations, making the non-yielding metal less attractive. CME FedWatch tool indicates that markets…
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Trade of the Day – SILVER
Facts: Silver has broken below the $65 support zone . The market is pricing in a 51% probability of a…
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XAG/USD falls to near $63.00 as bearish bias persists
Silver price may find the primary support at the six-month low of $61.01. The 14-day Relative Strength Index at 34.64…
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XAG/USD advances above $66.00, but below key resistance in broader downtrend
Silver advances to near $66.35 in Monday’s early European session. The negative outlook prevails under the 100-day SMA, with bearish…
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Silver Price Forecast: XAG slides below 200-day SMA, bears target $61
Silver breaks below 200-day SMA as sellers regain control. RSI remains bearish, though downside momentum begins losing steam. Break below…
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XAG/USD falls to near $70.50 due to Fed rate hike odds
Silver declines as traders price in a more hawkish Federal Reserve policy outlook. Fed Chairman Kevin Warsh stressed that price…
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XAG/USD rises above $69.00, but stays constrained below 100-day SMA
Silver price advances to around $69.15 in Thursday’s Asian session. The white metal keeps a bearish vibe under the key…
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XAG/USD rises to near $70.50 as interest rate concerns ease
Silver advances as Friday’s interim US-Iran peace agreement in Switzerland is expected to restore global oil flows. US Vice President…
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XAG/USD edges lower below $70.00 as bearish bias holds under 100-day SMA
Silver Price declines to near $69.85 in Tuesday’s early European session. The bearish outlook remains intact under the 100-day SMA;…
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XAG/USD soars to near $70.80 as US-Iran reach peace deal
Silver price surges 4% to near $70.80 as the US and Iran reach a peace deal. Oil prices nosedive almost…
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