Spot Silver Price Forecast: Silver remains on the defensive for the fourth successive day on Monday and drops to a one-week low during the early part of the European session, though manages to hold above the $24.10 round-figure mark.
Silver price forecast
Spot Silver Price Forecast: Buy on Dips, Healthy Resistance $20.20
Spot Silver Price Forecast: XAG/USD reverses its early lost ground and moves back to the $19.80 area during the first half of the European session on Tuesday. The white metal is currently placed just below a nearly four-week high touched the previous day and seems poised to prolong its recent recovery from the $17.55 area, or over a two-year low.
Silver Price Forecast: Silver Hits New multi-month low, August 11.4% Fall
Silver Price Forecast: Spot silver entered new month firmly in red and hit new lowest in over two-years on Thursday, in extension of August’s 11.4% fall (the biggest monthly loss since September 2020).
Silver Price Forecast: Technical Set-up Favors Bearish Traders
Silver Price Forecast: The technical set-up seems tilted firmly in favour of bearish traders and supports prospects for an extension of the ongoing depreciating move for the silver (White Metal). Hence, a subsequent slide below the $21.00 mark, towards challenging the YTD low around the $20.45 area touched on May 13, now looks like a distinct possibility.
Silver Price Forecast: Below $22, Sell on Rise – Neal Bhai
Silver Price Forecast: Silver struggled to gain any meaningful traction and oscillated in a narrow trading band for the second successive day on Wednesday. The Silver (White Metal) was last seen trading around the $21.60——-$21.65 region, down nearly 0.10% during the early North American session.
Silver Price Forecast: Technical Outlook By Neal Bhai [27-01-2022]
Gold Price Forecast: The non-yielding metal sits near the 50% Fibonacci retracement drawn from the last pivot low at $22.81 to the highest of the year at $24.70. Earlier in the session, it reached below of it, near the 61.8% Fibo level at $23.53, though it bounced back immediately.
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MCX Silver Price May Go Up to ₹85,000 per kg; Experts Reasons
Both gold and silver price have been showcasing upside movement for the last one week but if we look at the performance of both the precious metals in 2021, silver has outshined gold price.