The escalating tension in the Middle East is driving strong safe-haven assets such as the white metal. Silver prices are holding strong within different geopolitical factors that have lasted for months and are still ongoing, starting from the Russia-Ukraine war and the US-China relations, which are playing a key role in influencing the overall market…
The escalating geopolitical tensions in the Middle East and the weaker US Dollar support the white metal. Silver price attracts some buyers to reach the $36.30 level during the Asian session today. All eyes are on the data will be released later on Thursday: the US producer price index and the US initial jobless claims….
During the Asian trading session on Thursday, the silver price (XAGUSD) rose to near $32.60 per troy ounce, gaining ground for the third trading session. Nowadays, precious metals are attracting investors amid the rising geopolitical tensions and growing concerns about the fiscal policy of the United States. Factors that fueled silver prices to rally: The…
Silver price permits a bullish outlook today on Tuesday, 13th May, and it extended its gains to be trading at the time of writing, almost $33.00 per troy ounce. According to the technical outlook of this precious metal, XAGUSD, it continues to trade within an ascending channel pattern. Technically, the silver price is trading now…
Silver price is on the back foot this morning, slipping below $33.00 as renewed U.S. dollar strength and a cautious risk tone weigh on commodities. As of May 8, 2025, XAG/USD is trading near $32.48, down modestly but threatening to break short-term support. The metal has struggled to hold upside momentum despite recent geopolitical tailwinds…
Silver price extended its decline on Monday, going down by 0.1% to trade at $33.05 in the European session. The decline is founded on the improving sentiment in the broader financial markets, which has reduced the demand for safe haven assets. Nonetheless, the momentum underlying silver price is still bullish-leaning, with the greyish metal up…
Silver traded at $32.98 on Wednesday, rising for a fourth time in five sessions. The rebound from $30.18 has held. But the $33.00 mark, tested twice this month, remains a ceiling. Bulls will need a clean break to extend the rally. The rally is being driven by softer dollar sentiment and lingering uncertainty around global…
Silver price has stayed on course to register the third successive weekly gain despite taking a hit as investors look for fresh impetus in the US-China trade war. The grey metal traded at $32.64 per ounce at the spot market, with its daily gain at $0.74% at the time of writing. It got rejected at…
Silver remained broadly unchanged in the European trading session on Monday, taking a pause after three successive session on the uptrend. The grey metal traded at $32.29 at the time of writing, having eased from eleven-day highs of $32.38 set earlier in the day. Silver price registered gains in three of the last five trading…
Silver price returned to the upside on Monday, snapping a successive two-session decline. The greyish metal traded at $30.06 per ounce at the spot market after gaining 0.6% amid mounting risk aversion across the markets. Breaching the psychological $30 resistance is a boost for the XAGUSD momentum, and the underlying momentum signals that it could…
