TAG: xag-usd
Silver Prices Forecast: XAG/USD Leans Bullish Amid Economic Uncertainty
Silver Market Outlook Amid Economic DataThe silver market, exhibiting resilience, maintains a bullish trend despite challenges like rising yields and a strong US Dollar. This positive sentiment is underpinned by key economic data and central bank activiti...
6 months ago
Silver Prices Forecast: Traders Eyeing Psychological Target at $30
Silver’s Ascending TrendSilver is maintianing its upward movement, marking its third session of gains. The market is seemingly undeterred by the anticipation of the Federal Reserve meeting and the U.S. consumer inflation report. Contributing factors inclu...
6 months ago
Silver Prices Forecast: XAG/USD Surges Amid Global Tensions, Economic Fears
Market OverviewSilver prices are witnessing significant momentum, nearing the key psychological threshold of $30.00 amid heightened geopolitical tensions and economic uncertainties, particularly related to China. The silver market’s attraction as a safe-h...
6 months ago
Silver Prices Forecast: Will Safe-Haven Demand Accelerate Next Week?
Poised to Open Week HigherSilver prices are poised to open higher next week as geopolitical unrest escalates between Iran and Israel. With the conflict reaching new heights, silver and gold are attracting investors seeking safety in turbulent times. The r...
6 months ago
Silver Prices Forecast: Stable Amid Middle East Tensions, Inflation Worries
Rebounding from Early Session WeaknessSilver prices demonstrated resilience, climbing higher on Monday after initially faltering due to geopolitical tensions in the Middle East. This recovery came despite Iran’s significant military actions against Israel...
6 months ago
Silver Prices Forecast: XAG/USD Rises Amid Geopolitical Concerns
Consolidation with Upside BiasSilver prices are higher on Wednesday, buoyed by safe-haven demand amid escalating tensions in the Middle East. Despite this, the dollar and Treasury yields also rose, influenced by a stronger-than-anticipated increase in U.S...
5 months ago
Silver Prices Forecast: Rate Uncertainty Limits Gains, Geopolitics Supportive
Current TrendsSilver futures have shown a degree of volatility this week, encapsulated by a mixed movement between an initial rally and subsequent consolidation. The recent trading pattern suggests investor indecision, possibly indicating upcoming volatil...
5 months ago
Silver Price Forecast: Geopolitical Concerns Overshadow Rate Cut Speculations
Silver Prices Respond to Geopolitical TensionsSilver prices ticked up on Friday but surrendered most early gains as news broke of an Israeli attack on Iran, heightening fears of a broader regional conflict and boosting silver’s appeal as a safe-haven asse...
5 months ago
Silver Prices Forecast: Focus Shifts from Fed Rate Cuts to Geopolitics
Weekly Silver Market RecapSilver prices closed last week near their multi-year high at $29.80, showing potential for significant movements in the coming days. The prices consistently trading within the previous week’s range indicates a cautious sentiment...
5 months ago
Silver Prices Forecast: Weaker as Investors Shift from Safe Havens on Lower Risk
Market OverviewSilver prices are sharply lower on Monday, influenced by a complex mix of geopolitical concerns, economic data, and shifts in investment strategies. After a spike due to fears of an escalation in the Middle East, investors scaled back their...
5 months ago
Silver Prices Forecast: Sellers Eyeing Pullback into 50-Day Moving Average
Price MovementsSilver prices experienced a significant downturn, reaching a two-week low on Tuesday, prompted by reduced tensions in the Middle East and subsequent profit-taking actions by investors. This follows a robust rally that had previously pushed...
5 months ago
Silver Prices Forecast: XAG/USD Slides as Investors Eye Economic Data
Market ContextSilver prices experienced a downtrend on Wednesday, largely confined within a narrow trading range as market participants awaited key U.S. economic indicators to discern the Federal Reserve’s potential interest rate adjustments. A crucial po...
5 months ago
Silver Prices Forecast: Trader Reaction to $27.06 Sets the Near-Term Tone
Silver Market OverviewSilver prices are edging higher on Thursday as the US dollar weakens, drawing attention from traders. This movement comes as the market anticipates key US economic data that could influence the Federal Reserve’s interest rate decisio...
5 months ago
Silver Market Outlook: Traders Await PCE Data for Direction
Silver Market UpdateSilver prices surged on Friday in anticipation of a crucial U.S. inflation report, though the metal is on track for its first weekly decline in two weeks. The easing of geopolitical tensions in the Middle East has lessened the immediat...
5 months ago