Tag: Silver Price
Accumulating metals seems to be the safest bet
Silver posted another impressive weekly gain as it climbed a further 5.5% to reach a high of near $39.30, just short of resistance at...
Gold hit a record high as market sentiment buoyed up
Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone.
Spot gold hit a record...
Silver broke five weeks losing streak
Last week, silver finally broke its five weeks streak of losses to post a striking gain of over 7%, as controversy returned to the...
Inflationary pressures likely to drive silver prices
Silver declined for the 5th consecutive week, as precious metals and commodities in general decreased in values on broader based risk-off sentiment.
“Silver fundamentals remain...
Losses for silver short-sellers near infinite
The current setup is extremely bullish for silver price, according to Sprott Asset Management. Whatever froth and excess was present in the paper markets...
Silver Outlook: Neutral on the week with a slight bearish touch
A 155 cent down on the last week and the market starts to feel very tired. ETF redemption to the tune of another 5...
Silver sales to hit a record on global demand
Silver coins' sales by the U.S. Mint is reported to be at their highest ever. May sales were even 30% higher than April's 2.819...
Gold may face another round of correction
Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...
Silver’s fortune still bullish
Silver prices advanced during the last week, despite gold slipping slightly, but still couldn't manage to reach the highs seen during the preceding two...
Gold:silver ratio stands at 42.9 and widening
Silver fell back last week, erasing most of the gains made the week before and ending down nearly 6%.
This was quite a drop, despite...
Gold gained 0.3% for the week, Silver lost 4.4%
Gold futures climbed on Friday after a report indicated U.S. employers last month added the slightest number of jobs since September, prompting buying in...
Gold to test brand new highs; Silver volatile
A strong rally by the end of the last week and persistent concerns about the Eurozone sovereign debt issues are expected to maintain gold...
Commodities, gold, silver rebound
Gold futures on Tuesday closed above $1,523 an ounce for the third time in a row, settling at their highest since May 3.
Gold for...
Breakout in silver expected soon
Last week, silver strained within a narrow range around its 100-day moving average, as it fluctuated with restraint around $35 for the whole week.
The...
Silver price swings possibly driven by speculators
For silver, the past week was depressing, as the metal entered its third week of consecutive declines, despite supply / demand balance looking still...
Precious metals rebound; Silver up nearly 5%
Precious metals recovered on Monday morning, after commodities’ plunge last week. Silver futures advanced nearly 5% and gold topped $1,500 an ounce, as investors...
Correction in gold and silver went too far
Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...
Gold and silver into a record territory
Gold and silver pushed further into record territory Friday as renewed fears of inflation spurred investment demand for the safe-haven assets.
Gold futures closed at...