Category: Silver Price News

Key Takeaways: Gold prices saw a marginal increase with 24 carat gold at Rs.7529.3 per gram and 22 carat gold at Rs.6903.3 per gram. The current silver price is Rs.95700.0 per kg. Gold and silver prices in various Indian cities were also reported. Gold and silver futures prices were provided for September 2024 MCX futures.…

Key Takeaways: Gold prices are on the rise, with both 24-carat and 22-carat gold seeing an increase. Silver prices have also gone up, indicating a potential shift in market dynamics. Tracking global economic conditions, political news, and currency trends is crucial for informed investing in precious metals. Currency fluctuations, geopolitical events, and economic factors all…

Key Takeaways: Silver market experiencing buying pressure after Federal Reserve rate cut Technical analysis suggests potential uptrend with $31.50 and $32.50 as key levels Silver market highly volatile, caution advised with position sizing and market entry Silver Markets Technical Analysis The silver market is currently seeing increased buying pressure following the recent rate cut by…

Key Takeaways: – Silver market rallied during trading session on Friday – Upward momentum expected to continue – Traders likely to take cues from interest rates and US dollar Silver Market Performance In Friday’s trading session, the silver market witnessed a significant rally, showcasing strong upward momentum. This rally indicates a positive trend in the…

Key Takeaways Silver has reached the top of a long-term range, indicating a potential pullback in price. Despite being at risk of a correction, the price action for silver remains bullish. Silver 4-hour Chart Silver (XAG/USD) has recently tested firm resistance at the top of a long-term range, spanning from the $26s to the $30s.…

Key Takeaways: Silver is consolidating its recovery gains from a multi-week low, hovering around $28.80. Bulls need to be cautious as the metal failed near the 100-period SMA on the 4-hour chart. For additional gains, a sustained move above the $29.00 mark is crucial. Silver Market Analysis: Silver (XAG/USD) is trading in a tight range…

Key Takeaways XAG/USD climbed to $28.21, surpassing the $28.00 level after US JOLTS data suggested possible rate cuts. Momentum in the silver market remains steady with bullish RSI, but faces resistance at the 100-DMA of $29.14. Sellers need to break below $28.00 to test support levels at $27.71 and the 200-DMA at $26.59. Silver prices…

Key Takeaways: Gold prices saw a slight decrease on Monday. The cost of 24 carat gold is Rs.7354.1 per gm down by Rs.360.0. The cost of 22 carat gold is Rs.6736.4 per gm down by Rs.330.0. The price change in 24 carat gold in the last week has been 1.4% whereas in the last month…

Key Takeaways: Gold prices on the Multi Commodity Exchange (MCX) saw a slight increase, while silver prices dipped on August 26. In major Indian cities, gold prices ranged from Rs 6,695 to Rs 6,710 per 1 gram (22 carats) and silver prices were around Rs 87,900 to Rs 92,900 per kg. International gold prices remained…

Key Takeaways: Silver prices are rising, approaching $30 due to a fall in the U.S. dollar index, making it a safe-haven asset. Market outlook remains cautious as traders await signals from Fed Chair Jerome Powell and the release of July FOMC meeting minutes. Samsung’s new solid-state EV batteries, incorporating silver, could lead to a surge…