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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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.
Silver price declined as optimism surrounding potential ceasefire talks between Russia and Ukraine dampened demand for safe-haven assets. President Trump…
Read More »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 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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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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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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Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout…
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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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Silver price found support following news that Canadian mining company Pan American Silver plans to acquire MAG Silver Corp. Ongoing…
Read More »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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