Silver prices are seeing further gains on Friday amid continued speculation in retail demand and rising inflation expectations. Spot prices at one point rose above $ 27.50. Silver Spot Prices (XAG / USD) are seeing an even higher rise in the final trading session of the week as markets continue to anticipate a potential surge […]
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Silver price jumps to three-week highs near $ 27
Silver prices have spiked amid heightened retail interest as brokerages move to curb speculation in stocks like GameStop. XAG / USD has risen more than $ 2 from lows below $ 25.00 to highs near $ 27.00 on the day. Silver Spot Prices (XAG / USD) experienced a recent surge in trading amid speculation that […]
XAG / USD stable despite bullish pattern on weekly chart
Silver prices are virtually unchanged on the day, near the $ 25.25 per ounce level at the time of writing. The semi-precious metal is struggling to accumulate traction to the upside, marking a Weak tracking of the previous week’s bullish outer candle, created in the five days until January 22. A bullish outer week occurs […]
XAG / USD gains are capped by the $ 26.00 level and the 21-day SMA
Silver spot prices are now moving slightly lower on the day, having been briefly above the $ 26.00 level early in the session. ABN Amro reduces its forecast for the average silver price for 2021 due to a better US economic outlook. The spot prices of the silver (XAG / USD) now moving slightly lower […]
Prices rise as markets bet on inflationary stimuli
Silver spot prices have seen a significant rise on Wednesday, gaining 2.5%. Hopes of a new reflation as Biden takes office have boosted precious metals and other risk-sensitive assets. The spot prices of the silver (XAG / USD) have seen a significant rise on Wednesday, up 2.5% or more than 60 cents to get closer […]
Silver hovers around the $ 25.00 level as attention turns to Yellen’s testimony
Spot silver is up Tuesday, with the metal supporting around the $ 25.00 level. Stock is back in the US after Monday’s Martin Luther King Day holiday and the market mood is bullish. Yellen’s testimony before Congress will be the main focus of immediate market attention. The spot prices of the Silver (XAG / USD) […]
Silver consolidates just below the $ 25.00 level
Silver prices have been capped around the $ 25.00 level in today’s session. Given the American market holiday in the middle of the Martin Luther King holiday, volumes are slim. The mild USD strength has done little to affect sentiment towards precious metals. The spot prices of the silver (XAG / USD) have been capped […]
1 hour chart shows bearish continuation pattern
Silver’s 1-hour chart shows the breakout of a bearish flag. The bearish continuation pattern indicates that there is room for a deeper decline. Silver, a semi-precious metal, is pointing lower, with the 1 hour chart showing the breakout of a bearish flag, a bearish continuation pattern. The metal fell off the bearish flag on Wednesday […]
US Bond Yields Under Pressure Following Strong 30-Year Bond Auction
US bond yields have been under pressure and the yield curve has flattened recently after a strong 30-year bond auction. If bond yields continue to decline, this could hurt the USD and help precious metals. US bond yields have been under pressure and the yield curve has flattened recently after a strong 30-year bond auction. […]
Silver falls below $ 25.50 as markets absorb the latest US CPI figures.
Silver remains capped below the $ 25.50 level as the real interest rate and inflation caps consolidate after big moves. The precious metal appears to have carved out a new short-term range between $ 25.10 and $ 25.70. The spot prices of the silver (XAG / USD) have again fallen below the $ 25.50 level […]
