Tag: Commodity Market
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XAG/USD Surges Beyond 100-day SMA – A Promising Outlook for Silver Market
In light of the latest developments in the global market, silver prices have seen a notable upturn. XAG/USD, the silver-to-dollar exchange rate, has made a remarkable climb above the 100-day SMA (Simple Moving Average), shining a positive light on silver’s market status. This rise hints at potential trends in the precious metals market and could…
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Gold and Silver Prices Reach Historical Peak – Bizz Buzz Market Updates
Today, the global commodities market has observed a remarkable fluctuation in the prices of Gold and Silver. On 14/11/2024, the price of Gold per ounce reached a historical peak, creating a buzz within the investment communities. Investors are swarming towards these precious metals as a safe haven, amidst the economic turmoil. On the other side…
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Silver Price Outlook – Consistent Supportive Action Presents A Bright Future
Silver Price Outlook n Silver, the precious metal, continued to receive supportive action on Thursday, marking yet another day of its steady performance in the global market. This trend signifies the underlying strength in the silver market, offering considerable upside potential for investors. n nThis supportive action is driven by several factors, including inflation fears,…