Silver prices may be ready for a strong breakout. Market expert Neal Bhai says the “silver lining” points to a powerful rally, with silver targeting ₹2.40 lakh to ₹2.50 lakh in the coming phase. Here’s what investors should know.
Commodity Market
Silver Price Breakout: Big Move Begins — No More Silent Signals
Silver has finally shown a strong breakout, and as traders say — big moves never come quietly. After many days of slow movement, silver price has now jumped with power, giving a clear signal that a fresh upside trend may be starting.
WTI Crude Oil Price Forecast: Bearish Trend Keeps WTI Below $60 – Market Under Pressure
WTI crude oil price are stuck below the important $60 mark due to a strong bearish technical setup. Selling pressure continues as traders stay cautious about global demand and rising supply conditions. Until WTI breaks above $60 with strong volume, the trend is likely to remain weak. Technical charts also show that sellers are still in control, and any bounce may face resistance near higher levels.
Rupee at Record Low? Why It’s the Perfect Time to Buy Copper on MCX
MCX Copper prices were up on Friday, supported by weakness in the Indian rupee. The red metal is hovering near its all-time peak of Rs 1,055.25 set this week as supply concerns keep the appeal of this base metal intact.
Fed Easing & China Silver Shortage May Push Silver to New Highs — Key Levels to Watch
Silver Price Forecast: Silver prices may hit fresh record highs as the US Fed prepares monetary easing and China faces a major silver shortage. Learn key levels like $53.40 for bullish setups and when selling XAGUSD makes sense.