Technical Analysis of Gold and Silver During Post-Shutdown Uncertainty and Fed Caution
There’s been a noticeable increase in interest surrounding cryptocurrencies lately. It seems like everywhere you turn, discussions about Bitcoin, Ethereum, and other digital currencies are gaining traction. Some are fascinated, while others remain skeptical. Personally, I find it a bit overwhelming at times—like, there’s just so much information out there, and not all of it […]
Silver Prices Rise Above $50 Again. Here’s Why It Matters and Its Implications for Gold.
The gold and silver markets experienced record highs in October, but prices have dropped significantly since then. By late October, December silver futures plummeted to $45.51 an ounce, down from an all-time high of $53.765 on October 17th. Similarly, December gold futures reached a peak of $4,398.00 on October 20th, only to fall to $3,901.30 […]
Silver Price Outlook: XAG/USD faces challenges around the mid-$47.00s with uncertain technical indicators
Silver (XAG/USD) is having a tough time staying above the $48.00 mark, which is drawing in some sellers during the Asian trading session on Thursday. Still, the metal did manage to surpass its lowest point since September 25 on Tuesday and is now hovering just beneath the mid-$47.00 range, down 0.20% today. Looking at the […]
Silver Price Outlook: XAG/USD bounces back to $47.50; potential for further gains appears limited
Silver Market Update During Wednesday’s Asian trading session, silver (XAG/USD) showed a positive trend, seeking to continue its rebound from the mid-$45.00 range—the lowest it’s been since September 25th. Currently, it’s up by 0.80%, fluctuating between $47.45 and $47.50. However, there seems to be a lack of strong bullish enthusiasm as traders await the upcoming […]
Silver Price Outlook: XAG/USD reaches new lows around $47.30 due to risk appetite
Silver (XAG/USD) continued its decline on Monday, as market sentiment improved following encouraging news about a potential trade agreement between China and the US. The price of the metal is nearing the $47.00 mark, which is a notable drop from earlier October highs that exceeded $54.00. Precious metals are facing challenges. Comments from President Trump […]
WNBA players’ union leader delivers strong reply to Adam Silver
WNBA Players and League’s CBA Dispute Continues The WNBA and the Women’s National Basketball Players Association (WNBPA) remain in disagreement over their current collective bargaining agreement, which is set to expire at the end of this month. WNBPA Executive Director Terry Carmichael Jackson has publicly criticized NBA Commissioner Adam Silver’s recent remarks about revenue sharing, […]
Gold and silver fall sharply in their largest daily decline in years as remarkable rally in precious metals ends.
Gold and Silver Prices Plunge The remarkable surge in precious metals has abruptly reversed, with gold and silver experiencing their largest single-day drops in years. Spot gold saw a decline of up to 6.3%, dropping just below $4,100 per ounce, marking its steepest intraday fall since 2013. Silver, on the other hand, fell more than […]
NBA commissioner Adam Silver responds to important request from a WNBA player
WNBA Salary Increases and CBA Negotiations NBA Commissioner Adam Silver mentioned on Tuesday that WNBA players’ salaries will see a “significant increase” in the upcoming collective bargaining agreement. However, he seemed to downplay the players’ association’s call for a stronger revenue-sharing framework. During an interview on NBC’s “Today” show, he addressed questions from reporter Craig […]
Prices of Gold, Silver, and Platinum Are Falling. Here’s Why.
Top Line The value of gold dropped over 5% on Tuesday, marking its largest single-day decline in more than ten years. This downturn sparked a widespread sell-off in the metal, as many investors seemed to be withdrawing from a period of intense buying. Important Facts Gold futures decreased by 5.2%, settling at around $4,130 by […]
Silver Price Outlook: XAG/USD dips below $52.00 as safe-haven demand weakens
Silver prices (XAG/USD) dropped by 0.9% to about $51.90 during late Tuesday trading in Asia. This decline is attributed to increased selling pressure, particularly as easing tensions in US-China trade have, for the moment, stalled the metal’s upward momentum. With trade tensions lessening, there’s a noticeable decrease in demand for safe-haven assets, including silver. Relations […]