Silver Price
Silver Price Forecast: Below $22, Sell on Rise – Neal Bhai
Silver Price Forecast: Silver struggled to gain any meaningful traction and oscillated in a narrow trading band for the second successive day on Wednesday. The Silver (White Metal) was last seen trading around the $21.60——-$21.65 region, down nearly 0.10% during the early North American session.
Silver Double Bottom Support Breakpoint, Near the $21.50 key
Silver (White Metal) witnessed a short-covering bounce on the last day of the week and recovered a part of the overnight slump to its lowest level since July 2020. The recovery momentum extended through the early European session and pushed spot prices back closer to the $21.00 round-figure mark.
Gold Price Support at Rs 50900, Silver Remains Strong – Neal Bhai
![Gold Silver Tips Today [23-01-2025]](https://www.goldsilverreports.com/wp-content/uploads/2022/02/mcx-gold-silver-15022022.webp)
Commodity prices traded mixed with bullion prices continued to soar on geopolitical risk and inflation worries while crude oil prices declined on eased supply worries.
Silver Forecast: A Bullish Signal in the Near Term [23-02-2022]
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.
Golden Opportunity to Buy Gold Silver [05-02-2022]
Golden Opportunity to Buy Gold Silver: According to commodity market experts, overalltrend for gold price is bullish as soaring crude oil prices have put global inflation concern at alarminglevel forcing Bank of England to increase interest rate by 25 bps. Similarly, European CentralBank and US Federal Reserve are hawkish on interest ratehike but recent appreciation in Euro and Pound against the US Dollar (USD) is going to support gold price rally further.
Silver Price Forecast: Technical Outlook By Neal Bhai [27-01-2022]
Gold Price Forecast: The non-yielding metal sits near the 50% Fibonacci retracement drawn from the last pivot low at $22.81 to the highest of the year at $24.70. Earlier in the session, it reached below of it, near the 61.8% Fibo level at $23.53, though it bounced back immediately.