Silver Forecast: A barrage of US labour market data in recent trade gave mixed signals, with ADP’s estimate of employment change for May missing consensus and adding some downside risks to the market’s expectations for a 325K gain in non-farm payrolls in May on Friday.
silver prices today
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]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20640%20360'%3E%3C/svg%3E)
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.
Gold Prices Hit Monthly Big Gain, Silver Rates Up
Gold prices dealers in India charged premiums of up to $2 an ounce over official domestic prices, unchanged from previous week, news agency Reuters reported.
MCX Silver Stop Loss Hit……. Call Close – Neal Bhai
MCX Silver Stop Loss Hit……. Call Close – Neal Bhai
Recently, the price has headed higher, bringing down the gold-silver ratio, the all-important indicator of how many ounces of silver would be needed to buy an ounce of gold.
Gold Spot Rockhard Support Level $1550 Target $1640—$1720 – Neal Bhai
Gold Spot Rockhard Support Level $1550 Above $1550, Big Gold Target $1640—$1720
Above $1550 Level, Don’t Sell Gold
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