Silver news & headlines
Latest breaking stories, features and analysis
- Silver price declined sharply as investors worried about the surging coronavirus cases in the United States.
- Silver is trading at $17.62, which is lower than this month's high of $18.38.
- Other metals are also lower, with gold, nickel, zinc, and platinum falling.
Features & analysis
Silver prices may lose further 6% in June
Silver prices are trading around 1.3% lower today as investors fear a reduced consumer demand for precious metals due to troubled economies. Prices can drop further 6% if the activated head and shoulders pattern is completed in the coming days and weeks. Fundamental analysis: March all over again? Global markets appear to have moved into the risk-off sentiment again as stocks have continued to move lower in the past few days. Similar to developm...
Which precious metals to buy in 2020?
The COVID-19 outbreak has seen many investors running for the exits. In the space of just a few days, the Dow Jones stock index printed a series of huge one-day losses on March 09, 12, and 16, when the Dow plummeted 12.93% in a single day, topping the original October 1929 Black Monday drop of 12.8%. Just eight days later, the index skyrocketed more than 11%, its biggest one-day gain since 1933. Swings like this, as traders work on huge selling a...
Will You Find a Silver Lining in the Commodity Market this Month?
Silver is sometimes considered as being a less attractive commodity than gold. Yet, this precious metal has long been regarded as being a smart investment. Is February 2020 the right time to buy some? Why Is Silver a Popular Commodity? Silver meets all of the criteria to be viewed as a valuable, sought-after commodity. For a start, it is extremely rare. Only around 1.5 million tons of this metal have ever been mined. In fact, it is estimated that...
Latest Silver news
The listing could increase Litecoin’s exposure to the South Korean market, but trading on Coinone is off to a slow start
Precious metals could have bottomed last week and having consolidated above lows posted back in May, now look set to begin what could be a strong move higher over the coming months
Silver has been down 13 straight trading sessions, dropping nearly 13% in the last 2 weeks to oversold conditions not since silver bottomed in late 2015 and a major rally could begin to take shape in the immediate future
Quarterly gold production dips 3.3%
Silver dropped from 2017 highs and this week will see the devils metal testing another inflection point that either sees it rally short term or set up a deeper consolidation ahead of a bigger rally over the summer.
Gold and silver are up significantly since start of the year signalling that the probabilities have strongly shifted to the bullish side of the market. A breakout is imminent in a market that loves to leave people behind
Record annual silver production of 50.3 moz
As the calendar flips to 2017, we look back on a year full of twists and turns, with the extremely improbable being hard swallowed fact. The reaction from metals was notable, and lays the ground for expectations in 2017
it was a certainty that if Trump won, equity markets would crash and gold would be breaking out again. But the exact opposite occurred. Metals are testing below Oct lows, a rally in the making or crash ahead?
Precious metals got hit hard last week, with their biggest drops in over 3 years. Some investors are asking if the bull run is over already, or if this is simply a bear trap in a longer trending bull market?
Profit for the period up 116.9%
Group hikes gold production guidance
Like Gold, Silver made huge gains in the aftermath of Britain voting to leave the EU. Volatility remains high but as profit taking sets in, silver could be due to drop presenting a possible buying opportunity
Investment in precious metals exploded during the last financial crisis. With the economic environment becoming less certain, people are seeking metals again. But if you are looking for the most lucrative returns, which is better: Gold or Silver?