Silver Outlook Report
The global spot silver ($14.65 per ounce) looks much stronger than gold and is likely to outperform in the coming weeks as expected. It seems to have formed a strong base around $14 and could be gearing up for a fresh rally.
silver futures contracts
Spot Gold : A Breakout on Either Side of the $1,178—1,213 Range Will Decide the Next Move
Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.