Silver
Unlike gold, the price of silver swings between its perceived role as a store of value and its role as an industrial metal. For this reason, price fluctuations in this market are more volatile than in the market for gold.
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XAG/USD maintains position around $34.50 due to safe-haven demand
Silver price receives support from increased safe-haven demand amid rising economic uncertainty. The weaker US economic data increased the odds…
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XAG/USD resumes gains with $34.80 on focus
Silver correction has been capped at $34.00; the trend remains positive. US Dollar’s recovery is losing momentum ahead of US…
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XAG/USD bulls have the upper hand near mid-$34.00s, just below YTD top
Silver consolidates in a narrow trading band just below the YTD peak touched on Monday. The bullish technical setup supports…
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XAG/USD slumps to near $34.00 on some profit-taking
Silver price attracts some sellers to near $34.15 in Tuesday’s Asian session, down 1.70% on the day. US duties on…
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XAG/USD holds steady above $33.00 mark, seems poised to climb further
Silver attracts some dip-buyers at the start of a new week, though it lacks bullish conviction. The setup favors bullish…
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XAG/USD plummets below $33.00 as Dollar rebounds, weekly losses near 2%
Silver poised to end week down over 1.80% as strong Dollar pressures metals. Bearish harami pattern and soft RSI suggest…
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XAG/USD is looking for direction above the $32.70 support area
Silver keeps posting lower highs since peaking at $33.70 last weekRecent price action is forming a descending triangle pattern, a…
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XAG/USD hovers around nine-day EMA near $33.00
Silver price could find the immediate support at the nine-day EMA of $33.10. The bullish bias could emerge as the…
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XAG/USD plummets below $33.00 as US-EU trade worries fade
Silver price plunges almost 2% to near $32.80 as US-EU trade tensions ease. The US Dollar gains as the EU…
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XAG/USD holds losses below $33.50 due to fading safe-haven demand
Silver price depreciates as easing US-EU trade tension diminishes the safe-haven demand. The safe-haven demand for Silver may revive due…
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