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 remains below $32.50, support appears at 50-day EMA
Silver price could aim for the upper boundary of the ascending channel near $33.50. The 14-day RSI holding at the…
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XAG/USD slides below $32.00; downside potential seems limited
Silver kicks off the new week on a weaker note and snaps a three-day winning streak. The technical setup supports…
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Trade of The Day – Silver
Facts: The gold-to-silver ratio is above 100, compared to its 10-year rolling average of around 80. The RSI is in…
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XAG/USD maintains position near $31.50 due to rising trade tensions
Silver continues to gain ground, supported by a weakening US Dollar. Heightened US-China trade tensions are driving safe-haven demand for…
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XAG/USD holds gains above $31.00 due to renewed safe-haven demand
Silver price surged as escalating US-China trade tensions reignited safe-haven demand. President Trump announced an immediate tariff hike on Chinese…
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XAG/USD holds above $29.50 amid tariff uncertainty
Silver price drifts higher to near $29.85 in Wednesday’s Asian session. Trump’s tariff uncertainty and fears of global recession boost…
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XAG/USD keeps the bearish vibe, key support level emerges near $30.00
The Silver price gains ground to near $30.15 in Tuesday’s Asian session. The negative outlook of the index remains intact…
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XAG/USD collapses over 7%, drops below $30.00
Silver breaks below 100- and 200-day SMAs, signals strong bearish momentum amid escalating US-China tariff battle. RSI enters oversold territory,…
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XAU Down 1.4% While XAG Tumbles 4% Amid Profit Taking
Gold is down almost 1% today falling below $3100 level. Yesterday Trump’s massive tariffs plan increases uncertainty, however it didn’t…
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XAG/USD falls to near $33.00, further consolidation cannot be ruled out
Silver price attracts some sellers to around $33.15 in Thursday’s early European session, down 2.25% on the day. The positive…
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