Category: Silver Price News

Key Takeaways: Silver price remains stable at the $29.00 support level as investors anticipate Fed policy normalization in September. US bond yields are rebounding as Fed officials advocate for only one rate cut this year. Investor focus is shifting towards preliminary US S&P Global PMIs for June. Silver Price Stability Amid Fed Speculation: In the…

**Key Takeaways:** – MCX gold August contracts opened lower at Rs 71,657 per 10 grams, while MCX silver July contracts were down at Rs 88,856/kg. – Gold prices stabilized after a slight increase and closed higher, remaining within a narrow range. – Fed officials are considering a rate cut later this year if conditions align,…

Key Takeaways: MCX gold futures traded flat with negative bias at Rs 71,682 per 10 gm. MCX Silver futures were down 0.22 percent at Rs 88,882 per kg. Experts recommend buying gold and silver futures on dips for potential profits. COMEX gold in the international market dipped by 0.12 percent. Short term bias for spot…

Key Takeaways: Gold and silver prices surged on the MCX on June 18, 2024. Gold futures for August 5, 2024, increased by Rs 230 to Rs 71,680 per 10 grams. Silver futures for July 5, 2024, rose by Rs 409 to Rs 89,229 per kg. Prices of gold and silver in major cities like New…

## Key Takeaways: – Silver prices in Ahmedabad dipped below Rs 90,000 per kg mark after a month-long rally, currently standing at Rs 89,700. – The cooling of price can be attributed to macroeconomic factors such as a stronger dollar and higher Treasury yields. – Investors are closely monitoring US economic data and the Federal…

Key Takeaways: Silver maintains gains above $29.50 for the second day, fueled by rate cut speculation. The metal shows a neutral to downward bias with support at the 50-DMA near $29.01. Key resistance levels are at $30.25 and $31.00, with the YTD high at $32.51 in sight. Technical Price Analysis of XAG/USD: Silver has rebounded…

**Key Takeaways:** – Silver prices in China differ from those quoted in London or New York due to various factors including market differences and taxation. – Chinese silver prices have been rising more sharply than prices in London and New York since 2023, driven by strong demand from industrial users, jewelry buyers, and investors. –…

**Key Takeaways:** – The price of silver is currently trading at $28.96 per ounce, representing a 21.04% increase year to date. – Silver prices are influenced by factors such as industrial demand, investor sentiment, and macroeconomic trends. – Investors should monitor silver prices closely and consider diversifying their portfolios with precious metals like silver. **Introduction:**…

Key Takeaways: Silver price rebounds from $29.00 as slower US Retail Sales growth impacts the US Dollar and bond yields. Sluggish US Retail Sales prompts Fed rate-cut bets for September. US households cut spending on discretionary items. Silver Price Rebounds on Slower US Retail Sales Growth Silver price (XAG/USD) has seen a strong bounce back…

Key Takeaways: Comex Gold spot price closed the week at USD 2332, maintaining stability above USD 2300. MCX Gold July contract saw a modest increase of +0.86% to settle at 71965. Gold futures showed a bullish trend despite unchanged FOMC rates. MCX Silver futures settled at 89090 with technical analysis pointing towards bullish momentum possibilities.…