Silver

Can silver and copper hold their ground, or are sharper declines on the horizon? The price action suggests a resumption of the bearish trend could be in the cards.

Gold and silver prices are bouncing back, fuelled by easing pressure from lower US Treasury yields and a softer US dollar. But can the move build into something greater? Here’s what’s driving the price action and the setups worth watching.

Silver prices sold off quickly after a failed breakout at 35. But last week’s test at the psychological level of 30 has so far helped bulls to get back into the matter and silver prices now have bullish short-term price action.

USDJPY, Silver Forecast: The US Dollar’s rally has pushed the yen to levels increasing Bank of Japan intervention risks and pressured silver to retest a critical yearly trendline, raising caution over potential further upward movements in the dollar.

Gold and silver could be primed for a recovery as US bond yields show signs of consolidation following their rapid climb. With a quiet economic calendar and fewer Fed rate cuts now priced in, a near-term ceiling on yields may shift momentum in favour of precious metals. Here's why this setup could signal a bottom for gold and silver prices.

Silver and NZD/USD have plunged to fresh lows as higher U.S. rates and dollar strength dominate. But with a quiet calendar next week, the risk of a near-term short squeeze is rising. Key chart levels are in play, offering traders new opportunities on both sides of the market.

Silver was all the rage a month ago as the metal pushed up to a fresh 12-year high. But it couldn’t break above the 35-level in silver futures and since then it’s been drawdown and pullback. Now the 30-level is back in-play.

Fed rate cut hopes are fading fast, sending US interests rate soaring and shaking up many low or non-yielding assets. With Trump’s re-election and fresh economic data on the way, silver and the Swiss franc are in the firing line. Could this be the end of the road for further rate cuts?

Gold, Silver Outlook: Gold reached a record high of $2790/ounce on October 31st before ending the month with a 60-point pullback. Is this a short-term correction or the start of a longer-term trend reversal?

Silver prices have stalled near multi-year highs with the bulls vulnerable into major resistance. Battle lines drawn on the XAG/USD weekly technical chart.

A stronger US dollar and higher US interest rates usually create headwinds for precious metals given they are priced in USD and offer no yield for holders, but not in 2024. Even as the greenback and US rates have ratchetted higher, gold and silver have surged, hitting record and 12-year highs respectively. If traditional negatives are no longer proving influential, what could potentially derail the rally?