Tag: Commodities

Silver, the industrious and decorative sibling of gold, observed significant gains as markets opened today, December 19th as reported by FXStreet. This bump in price reflects the strength of the global economy, feeding the industrial demand for silver in both manufacturing and other commercial usage. The current price appreciation also reflects investors’ hedging against potential…

As we approach the end of 2024, silver prices seem to be satiated on a significant level of support, indicating potential for a crucial growth spurt. A hefty concentration of buyers resting at this level continues to provide nutrition, holding up well despite fluctuations in the global market, gleaming with potential. With cyclical factors at…

After several weeks of steady gains, the silver outlook appears less promising this Wednesday. Market analysts reference an apparent flatness in the commodity’s price during midweek trading suggestive of a potential stall in momentum. Despite the day’s tepid performance, silver enthusiasts should not lose heart. External influences like the global economy and geopolitical shifts continue…

In a surprising yet noteworthy twist of events, the market is projecting the largest weekly surge in gold prices in the last 20 months. This rise, catalysed by haven demand, harks back to the days of steady and almost rocketing growth in the precious metals industry. The investors are seeking refuge in the traditionally safe…

Silver market today witnessed a remarkable garland for the investments where the rise in the indicators reflected the expected price jump. The investors’ engagement in acquiring more silver with all caution stemmed from the ongoing market swings. The economic and socio-political events around the world have confirmed the analysts’ forecast of the price turn. On…

In the unpredictable world of trading, the Gold price continues to consolidate between major moving averages. Technical analysis reveals an intersection of trend lines, which suggests that Gold is in the process of forming a robust pattern. This pattern hints at the possibility of a significant breakout in the upcoming trading sessions. Investors admire the…