Tag: silver

Silver is right after gold probably one of the best-known precious metals. It is widely used in different industries and thus its price movements can affect prices of different day-to-day products.
Silver pauses its rally, eyes significant support

Silver pauses its rally, eyes significant support

Silver has paused in its upward movement, awaiting impetus for further direction.
Will the silver hold the crucial support ahead of the US CPI?

Will the silver hold the crucial support ahead of the US CPI?

Lower inflation pressure from soft data in the US poured money into precious metals. Thursday's CPI can show the way for silver.
Silver ahead extreme macro data week – where is it headed?

Silver ahead extreme macro data week – where is it headed?

Silver is in uptrend for a long time. But strong macro data with CPI and Fed rate decision could change everything.
Silver corrects this week’s gains after US jobs data

Silver corrects this week’s gains after US jobs data

Today's decline in silver prices might not last long, despite upbeat US data.
Gold erases losses as China’s Covid cases decline

Gold erases losses as China’s Covid cases decline

Gold returns with a jump as China's Covid cases go down. Fed keeps a hawkish outlook which helps the shiny metal maximize its safe haven role.
Silver is another victim of protests in China

Silver is another victim of protests in China

The start of the new week was not the best for precious metals. Silver's volatility is above 3,5%. Covid protests in China bring uncertainty into markets.
Are metals ready to extend their rally?

Are metals ready to extend their rally?

Gold, silver, and platinum failed to move higher after significant price increases. These metals are now at a crucial spot.
The current state of precious metals – look at gold & silver

The current state of precious metals – look at gold & silver

2022 is not challenging only for stocks but metals too. Gold and silver have declined by 10% and 18% so far this year.
Commodities on the way to erase monthly losses

Commodities on the way to erase monthly losses

A turbulent July for markets. Especially for commodities. A significant decline in the first half, but Fed helped.
Turbulent week on commodity markets

Turbulent week on commodity markets

Precious metals reacted to higher than expected inflation data. Crude oil affected by EU ban and Covid situation in China.