Silver price marked $40.85, the highest since September 2011, on Tuesday. US July Personal Consumption Expenditures Price Index pointed to sustained inflationary pressures, adding to uncertainty around potential Fed rate cuts. Silver receives support from safe-haven demand, driven by lingering uncertainty over the legality of Trump’s dismissal of Fed Governor Cook. Silver price (XAG/USD) trades […]
Silver price has marked $39.10, the highest since September 2011, on Monday. The safe-haven Silver attracts buyer following President Trump’s 30% tariff on imports from the European Union and Mexico. Traders adopt caution after US economic adviser Kevin Hassett suggested that Trump could remove Fed’s Powell “if there’s cause.” Silver price (XAG/USD) extends its three-day
Silver price trades lower to near $36.50 as higher US Dollar has capped its upside. US President Trump is expected to release fresh batch of tariff rates for over seven trading partners. The White House plans to impose 50% tariffs on Copper imports. Silver price (XAG/USD) falls to near $36.50 during Asian trading hours on
Silver forms double-bottom near key support, signaling a potential breakout above $37.31. Doji candle and thin US holiday volume suggest pause, not reversal. Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00. Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher. A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure. A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside. Silver price sinks more than 1% on
Silver price gains momentum to near $36.00 in Monday’s early early Monday Investors look to broaden their exposure to safe-haven assets beyond gold, supporting the Silver price. The stronger US May employment report might lift the USD and cap the white metal’s upside. The Silver (XAG/USD) price trades in positive territory around $36.00 during the
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance favor bears. The formation of a bullish flag pattern supports prospects for the emergence of some dip-buying. Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone
Silver price trades firmly around $32.30 amid intensifying trade war between the US and China. China has increased the import duty on imports from the US to 125%. Growing risks of a US recession have strengthened US bond yields. Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The
Silver breaks below 100- and 200-day SMAs, signals strong bearish momentum amid escalating US-China tariff battle. RSI enters oversold territory, but selling pressure may continue toward $28.74 and $27.71 if $29 fails to hold. A recovery above $30 could see buyers retest $30.86 SMA and key resistance near $31.00. Silver price plummeted on Friday as
Silver price jumps to near $34.60 as its safe-haven demand improves amid growing concerns over global trade. Investors expect that Trump’s tariffs will impact economic growth and prompt inflation across the globe. The US core PCE inflation data rose at a faster-than-expected pace of 2.8% in February. Silver price (XAG) posts a fresh five-month high
Silver attracts some buyers on Tuesday and snaps a two-day losing streak. Mixed technical indicators on the daily chart warrant some caution for bulls. Corrective slides could be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s modest bounce from the vicinity of the $32.00 mark, or a nearly
Silver price holds ground near its three-month high of $32.56, recorded on February 5. The upside of the Silver appears limited as the US Dollar gains ground amid rebounding US Treasury yields. Traders await US Nonfarm Payrolls to gain fresh impetus regarding the Fed’s monetary policy direction. Silver price (XAG/USD) remains in positive territory for
