Silver

Silver Reaches Its Highest Price in 12 Years

Silver is shining brighter than ever! The price of silver just hit $34.87 per troy ounce, the highest it’s been in 12 years. This exciting news has caught the attention of investors and people curious about precious metals. Let’s break down what’s happening and why silver is making such a big splash.

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MCX Silver Tips: Buy MCX September Silver Futures at Rs 81,200—81,000 with a stop loss

Silver Market Longer-Term Bullish Bias Maintained | Neal Bhai

Silver Market Longer-Term Bullish: “Silver saw complete rejection from the 200-day ma and sold off aggressively towards the long-term pivotal support at $21.87/17. It is considered to be a major band of support. Given that the market has spiked down to this area and recovered we will for now maintain our longer-term bullish bias.” 

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The easing in the US-China trade war has put pressure on the price of gold denominated in US dollars.

Gold Slightly Up After Big Downdraft Last Friday

Gold Silver Reports (GSR) — Gold Slightly Up After Big Downdraft Last Friday – Gold prices are slightly higher in early-afternoon U.S. trading Monday. The market saw a tepid corrective and short-covering bounce after sharp losses suffered on Friday that saw the yellow metal hit a six-month low. There was also some risk aversion in the marketplace today that might also be giving gold some mild support. August Comex gold futures were last up $2.00 an ounce at $1,280.40. July Comex silver was last down $0.025 at $16.45 an ounce.                      

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