Gold and silver prices dropped on Monday following last week’s significant rise. Here’s the reason.
Important points CME Group’s move to adjust metals contracts has interrupted the recent surge in precious metals prices. New margin requirements mean traders must front more cash to speculate on metal prices. Gold and silver are still on track for their best annual returns since 1979. After a week of solid gains that pushed gold, […]
Nate Silver astonished that Democrats won’t acknowledge their mistakes in the 2024 election
Nate Silver Highlights Democratic Challenges Following 2024 Elections Nate Silver, well-known pollster and founder of FiveThirtyEight, expressed his surprise regarding the lack of accountability among some factions of the Democratic Party after the 2024 election. He noted that many Democrats seem to act as if the party’s actions were flawless. In an interview with Semafor, […]
Elon Musk Shares Worries About High Tech Manufacturing Amid Rising Silver Prices
The recent rise in silver prices has raised concerns among manufacturers, including tech entrepreneur Elon Musk, who shared his worries on social media platform X. Silver prices have surged to record highs, reaching $80 per ounce on Friday. This marks an impressive 179% increase since the start of the year when it was at $29 […]
Silver price drops from recent high above $83
Silver prices dropped from a record high of over $83 an ounce on Monday as traders took profits, despite a significant 40% increase over the past month. Gold also followed suit, although its decline was less dramatic. Earlier, during Asian trading hours, spot prices for silver had peaked at $83.63 an ounce, driven by increased […]
Silver prices drop as extraordinary surge turns around
Silver prices experienced a significant drop on Monday, reversing a record rally and pulling down gold and other precious metals. By late afternoon, spot silver prices had plummeted almost 9%, landing just above $72 per troy ounce, which is the biggest single-day decline since the onset of the coronavirus pandemic. This drop mostly erased the […]
Elon Musk cautions about the effects of new China’s silver export limits on markets
Tesla CEO Elon Musk Warns of China’s Silver Export Restrictions Brian Levitt, Global Market Strategist at Invesco, recently shared insights about market trends for 2026 during a discussion on Barron’s Roundtable. He emphasized the standout investment opportunities for the new year. In response to a post about upcoming changes, Elon Musk expressed concerns over China’s […]
CME Increases Silver Margins to $25K Amid Growing Market Manipulation
CME Raises Silver Margins to $25,000, Sparking Concerns of Market Manipulation On December 26, 2025, the CME Group announced it would be upping margin requirements for silver futures. Starting December 29, the initial margin required for the March 2026 Silver Contract will be set at $25,000. This change comes as silver prices rise, along with […]
Silver Prices Reach Record Level
Top Line On Friday, silver prices reached $78 an ounce for the first time, as precious metals saw extraordinary gains, influenced by interest rate reductions and tariff uncertainties which have propelled gold, silver, and platinum to historic levels. Important Facts As reported on Friday, silver was trading at approximately $78.65, marking a new peak according […]
Silver reaches $65 for the first time; gold increases as U.S. unemployment rate goes up
Silver and Gold Prices Surge Amid Economic Uncertainty On Wednesday, silver prices skyrocketed, reaching a record high of over $65 an ounce, with gold also climbing following disappointing U.S. jobs data that pointed to a sluggish labor market. This has led to increased expectations for interest rate cuts next year. Physical silver surged by 3.3%, […]
Silver reaches an all-time high of around $65 per ounce due to limited supply and high demand.
Silver Prices Reach Historic Highs Silver prices have surged to unprecedented levels, showcasing the shifting market dynamics that are elevating this industrial metal well beyond its usual limits. During today’s trading session, spot silver hit an intraday high of over US$65 per ounce, breaking previous records and marking one of 2025’s most significant commodity gains. […]