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Silver (XAG) Forecast: Will Silver’s Supply Deficit Spark the Next Rally? – FX Empire

Industrial demand remains the main driver, with consumption increasing by 7% in 2024. Silver's important role in renewable energy, electric vehicles, and electronics continues to expand. Projections suggest that by 2050, solar panel manufacturing alone could consume nearly all of annual silver production. With new mining projects limited and much of the available high-grade silver […]

NBA Commissioner Adam Silver Dismissive of Massive Ratings Losses

National Basketball Association Commissioner Adam Silver, in a new interview, dismissed the steep drop in television ratings the league has suffered in recent years. Last week, sports broadcaster Colin Cowherd pointed out that NBA television ratings have fallen 48 percent over the past 12 years. He attributed that to Mr. Silver's failure to connect the […]

Silver Price Forecast: Sitting on Key Support Zone – FX Empire

Bearish below 30.29 A breakdown will occur if the price falls below last week's low of 30.29. If this happens, it will break below the trend line and cause a decline below last week's lows. It should be emphasized that last week's candlestick pattern was a bearish shooting star. It may not have been in […]

Gold (XAU) Silver (XAG) Daily Forecast: Safe-Haven Demand Drives Gold Stability – FX Empire

Gold rises as investors focus on Fed decision Gold is recovering from recent losses and regaining momentum as investors hedge against global uncertainty. The metal's safe-haven appeal is further strengthened by geopolitical tensions, including concerns about escalating conflict and potential disruption in key regions. Nevertheless, the Fed's cautious stance on future rate cuts is limiting […]