Silver Price Forecast: Bearish Signals Persist – FX Empire

Analyzing the trends in the silver market, we still witness bearish signals persisting. With the investor sentiment being more cautious and subdued, this might not fare well for the metal. The price dynamics are influenced significantly by global economic trends, which have been on the downside recently. Continual strengthening of the Dollar and the upward pressure on the yields have further intensified the bearish sentiment.

However, potential investors should not disregard silver completely. With growing industrial demand and its safe-haven appeal in times of turmoil, silver can pivot on its financial standing and outlook. Overall, the silver market outlook remains uncertain and demands careful strike positions. Read More