Silver gained after the biggest loss since August, with markets calming following the buying frenzy that sent prices to an eight-year high earlier this week.
silver spot price chart
In Silver, Redditors Find a Fit for Raging Against Establishment
It seems a match made in heaven: Reddit’s rambunctious army of retail investors eager to take on the financial elites, and the world of silver “bugs,” hard-core metal bulls, many of whom have long argued the price was being suppressed by powerful forces.
Silver Eyes Deeper Correction Amid Descending Triangle Breakdown
Silver price extends its corrective downside below the $28 mark, having clocked eight-year highs at $30.06, in light of the retail-trade frenzy spurred by Reddit.
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA – The XAU/USD pair fell sharply in the last minutes and touched its lowest level since mid-July near $1,838. As of writing, the pair was trading around $1,840, losing 1.64% on a daily basis. MCX Gold Low 49360MCX …
Gold Price Forecast – Gold Must Hold Critical Support Near $1850
Gold prices are rolling over, and I see the potential for a bearish breakdown as soon as next week.
XAG/USD Analysis: Silver Prices Continue to Struggle
Silver prices continue to struggle so far this week despite a lackluster US Dollar. Since the monthly high on November 9, XAG/USD is down nearly 5%. Meanwhile, the US Dollar (DXY) gained only 0.25%. Generally precious metals, like gold and silver, tend to perform well during periods of USD weakness.
Bullion Swings Between Loss and Profit, Silver Price Gains also
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Silver Spot Support Zone $28 — $ 27.48 – Neal Bhai Reports
Silver Spot Support Zone $28 — $ 27.48, Target Price $29 — 29.80, September silver futures prices on MCX rose 0.4% to ₹69,135 per kg. In the previous session gold had surged ₹500 per 10 gram while silver had gained about ₹1,000 per kg. Gold prices in India had hit a record high of ₹56,200 on August 7 and since then prices have been volatile in tandem with movement in global rates.
Silver Price Rebounded From the Nearest Support Level at $26
Silver price continues to trade near $27.00 as the U.S. dollar is losing ground against a broad basket of currencies while gold tries to settle above the 20 EMA near $1950.
Silver MCX Today Tips Rocking Hit Full Target, Paid Member Mint Money – Neal Bhai
Silver MCX Today Tips Rocking Hit Full Target, Paid Member Mint Money. The dollar steadied as upbeat figures on U.S. employment and lackluster economic data from China put the brakes on a sell down of the world’s reserve currency.