Category: Commodity Market News
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Deepening Bearish Correction in Gold Price
In recent trading sessions, the Gold market has experienced a sharp correction; shaking the confidence of many bullish investors. This downward trend, termed a âbearish correctionâ, appears to be deepening, incurring significant losses for those heavily invested in the precious metal. Despite this, experts maintain their long-term bullish outlook, citing economic uncertainty and the intrinsic…
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Silver Price takes a hit on December 2 – FXStreet Analysis
In financial news today, the price of silver took an unexpected dip on December 2, leaving market analysts and investors to ponder the implications. Following a period of relative stability, this sudden drop has reminded all about the inherent volatility that comes with commodity markets. This move is speculated to have various contributing factors, from…
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Silver Price Outlook Looks Flat – Insight from FX Empire
The outlook on silver appeared somewhat flat on Wednesday, according to FX Empire. Despite the various factors typically influencing silver prices such as economic indicators and strength of the US dollar, the world’s white metal showed relatively little movement, painting a picture of tepid market activity. From central bank policies to geopolitical events, these may…
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Gold & Silver Price Plunge to Two-Month Lows
As the global market continues to respond to prevailing economic trends, the prices of precious metals, particularly gold and silver, have been dealt another punch. With both hitting two-month low points, the downward slope adds further price pressure on their market behavior. nnIt is crucial to note that gold and silver’s decreasing prices are substantially…