MCX Silver Under Fresh Selling Trading Zone Between 37600—39300

Silver price today: Silver Rises

Gold Silver Reports (GSR) – MCX Silver Under Fresh Selling Trading Zone Between 37600—39200 – Silver on MCX settled up 1.85% at 39030 boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand. Renewed safe-haven demand comes amid investor concerns over escalating US-China trade tensions after Beijing unveiled retaliatory tariffs on Monday overnight.

Read More →

Silver Finally Confirms Gold’s Rally as Both Metals Post Multi-Month Highs

Silver Finally Confirms Gold's Rally

Gold Silver Reports – In my previous commentaries, I expressed some concern that the lag in the silver price vis-à-vis gold was a slight concern for the nearterm outlook. The path of least resistance for gold and gold mining shares was of course still bullish, but silver’s failure to fully participate in gold’s recent gains was a fly in the ointment.

Read More →

Silver Price Forecast January 5, 2018, Technical Analysis

Silver Price Forecast

Gold Silver Reports – ✅ Silver markets initially fell during the trading session on Thursday, but found plenty of support at the $17 level. Because of this, the market bounced back towards the top of the overall consolidate a very that we have been in for the last couple of days, setting up for an interesting Nonfarm Payroll Friday.

Read More →