Silver prices may be ready for a strong breakout. Market expert Neal Bhai says the “silver lining” points to a powerful rally, with silver targeting ₹2.40 lakh to ₹2.50 lakh in the coming phase. Here’s what investors should know.
Commodity Market
Silver Price Breakout: Big Move Begins — No More Silent Signals
Silver has finally shown a strong breakout, and as traders say — big moves never come quietly. After many days of slow movement, silver price has now jumped with power, giving a clear signal that a fresh upside trend may be starting.
WTI Crude Oil Price Forecast: Bearish Trend Keeps WTI Below $60 – Market Under Pressure
WTI crude oil price are stuck below the important $60 mark due to a strong bearish technical setup. Selling pressure continues as traders stay cautious about global demand and rising supply conditions. Until WTI breaks above $60 with strong volume, the trend is likely to remain weak. Technical charts also show that sellers are still in control, and any bounce may face resistance near higher levels.
Rupee at Record Low? Why It’s the Perfect Time to Buy Copper on MCX
MCX Copper prices were up on Friday, supported by weakness in the Indian rupee. The red metal is hovering near its all-time peak of Rs 1,055.25 set this week as supply concerns keep the appeal of this base metal intact.
Fed Easing & China Silver Shortage May Push Silver to New Highs — Key Levels to Watch
Silver Price Forecast: Silver prices may hit fresh record highs as the US Fed prepares monetary easing and China faces a major silver shortage. Learn key levels like $53.40 for bullish setups and when selling XAGUSD makes sense.
Crude Oil Outlook: Prices Likely to Stay Stable After Recent Volatility
Crude Oil Outlook: WTI’s price appears to have stabilised somewhat since our last report. In today’s report we are to have a look at fundamental issues that could alter its direction, including the US peace plan for the war in Ukraine, OPEC’s intentions, and the state of the US oil market. We are to conclude the report with a technical analysis of WTI’s daily chart.
Gold Price Forecast: More Upside Ahead for 2025
Gold Price Forecast: Gold (XAUUSD) is shrugging off Tuesday’s small dip and pushing to multi-day highs above $4,170 per troy ounce on Wednesday. The move higher comes as the US Dollar (USD) loses some steam again, even though US Treasury yields are trying to rebound across the curve.