Silver Forecast: A Bullish Signal in the Near Term [23-02-2022]

Silver Nears All-Time High

Silver Forecast and Target Price: Spot silver (White Metal) prices today broke out to fresh monthly highs, surging beyond Tuesday’s highs in the $24.30 per troyounce area to hit the $24.50 mark, boosted asfears of a Russian invasion into Ukraine rose. At current levels near highs of theday in the $24.40s, silver prices currently trade with on theday gains of nearly 1.5%, with the bulls now eyeing a test of annual highs printed back in mid-January in the $24.70s.

Read More →

Gold Report Today: Sellers Upset Due to New High in Gold

Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows

The price of gold (Yellow Metal) rallied on Thursday and was coming to a close near the highs of the day of $1,901 at $1,898, ending up over 1.54%. The uncertainty surrounding the Russian NATO crisis over Ukraine appears to be generating solid demand for gold as a haven.

Read More →