Silver (XAG/USD) extends its descending trend for the third straight day, hitting a fresh low since November 2025 during the Asian session on Friday. The white metal, however, recovers slightly from the $51.00 neighborhood and currently trades near the $51.50-$51.55 region, still down around 1.25% for the day. From a technical perspective, the decline witnessed […]
Gold prices are declining towards $4,000 per ounce, extending losses as persistent US inflation and stronger-than-expected economic growth reinforce expectations of a potential Federal Reserve interest-rate increase in December. The latest US economic data is creating a challenging environment for non-yielding assets. September’s Personal Consumption Expenditures (PCE) price index increased by 0.5% month-on-month, its largest […]
The metals complex is facing broad selling pressure, led by a sharp decline in lithium carbonate. Silver, platinum and gold are also trading lower, while iron ore is moving in the opposite direction and remains the strongest performer among the commodities highlighted. The latest price movements point to uneven sentiment across the metals market, with […]
Metals markets face broad selling pressure, led by lithium carbonate, which falls 3.95%. Silver declines 1.88%, platinum drops 1.73%, and gold loses 0.86%, highlighting weakness across both battery-related materials and precious metals. Iron ore moves against the trend, gaining 1.56% and emerging as the strongest performer in the latest metals snapshot. The divergence points to […]
Iron ore futures climb above CNY 680 per tonne, recovering from four-year lows as improving steel mill activity in China provides fresh support for prices. Higher hot metal production and rising blast furnace utilisation suggest that demand from the world’s largest iron ore consumer is beginning to strengthen. However, the recovery faces significant headwinds. Chinese […]
Copper futures declined to around $6.60 per pound, ending a four-session winning streak as traders locked in profits following recent gains. The pullback was reinforced by weaker risk appetite after disappointing earnings from Alphabet and Samsung revived concerns about the sustainability of investment in artificial intelligence infrastructure and related technology. Despite the decline, copper remains […]
Gold (XAU/USD) comes under some renewed selling pressure on Thursday, sliding back below $4,050 during the Asian session and snapping a three-day winning streak to the weekly top, touched the previous day. The US Dollar (USD) regains positive traction following Wednesday’s post-FOMC corrective slide from a two-week high and turns out to be a key […]
Silver price (XAG/USD) extends its losses for the second successive day, trading around $53.30 per troy ounce during Asian hours on Thursday. Silver remains anchored near one-year lows following the US Federal Reserve’s decision to hold interest rates steady, as market participants had widely anticipated. The precious metal continues to face downward pressure as the […]
Key takeaways Silver Technical Analysis Fundamental and Market Context The gold-to-silver price ratio continues to rise toward the 5-year and 10-year averages. Source: Bloomberg Finance LP, XTB The sell-off in silver is not matched by ETF holdings behavior, showing that the current decline in silver prices may lack long-term fundamentals. On the other hand, if […]
Silver price (XAG/USD) depreciates after posting modest gains the previous day, trading around $54.10 per troy ounce during Asian hours on Wednesday. Traders await the US Federal Reserve’s upcoming policy decision due later in the day. Non-yielding Silver faces renewed downward pressure as rising crude oil prices intensify inflationary fears and fuel expectations of further […]