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 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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XAG/USD Bullish outlook remains in play near $33.50
Silver price posts modest gains to near $33.50 in Monday’s early European session. The positive view of the metal prevails above…
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Trade of The Day – XAG/USD – Silver
Facts: The gold-to-silver ratio is above 101, compared to its 10-year rolling average of around 80. The RSI is at…
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XAG/USD rises above $33.00, receives support from safe-haven demand
Silver price appreciates as safe-haven demand counterbalances commodities’ concerns. Trump’s “One Big Beautiful Bill” passed the US House of Representatives…
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XAG/USD – Silver retreats from seven-week highs
XAG/USD slips from $33.70 to $32.95 despite early strength, down over 2.0% intraday. Stronger-than-expected US PMI lifts sentiment around the…
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XAG/USD extends upside to near $33.20 on US credit downgrade
Silver price jumps to near $33.20 as the US Dollar underperforms on the US Sovereign Credit downgrade. Moody’s downgraded the…
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XAG/USD consolidates around $33.00; seems poised to climb further
Silver struggles to capitalize on the previous day’s strong move up. A breakout through a short-term descending channel favors bulls.…
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