No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
An increase of the indicator value may contribute to the rise in quotes of Silver.
Major mining companies, including India's Vedanta and China's Zijin Mining Group, have been granted exploration licenses in Saudi Arabia. The companies were awarded sites covering 4,788 square kilometers, which include the Jabal Sayid copper deposit, according to Bloomberg.
Citi commodity strategists warn that the silver market may be underestimating the tariffs risks while determining prices. Experts say more substantial than expected US import duties may be imposed on April 2.
Last year, central banks were the major gold buyers. But now the main driver has switched to dollar depreciation and risk-off sentiment, Daniel Ghali of TD Securities believes.
No change of the indicator value may reduce the volatility of the related markets.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Commerzbank analyst Carsten Fritsch raised the forecast for the year-end silver price from $33 to $35 per ounce. Such a change is due to silver reaching a new four-month high. According to the expert, the metal may soon trade steadily above $34.
Bloomberg reports that the global silver market is experiencing serious shocks due to trade tensions. According to the agency, investors are rapidly reallocating precious metal stocks between commodity exchanges amid concerns over new tariff measures.
Silver is not just a precious metal, but also an important asset in the financial sector.
Silver is more than jewelry, it is an essential part of the global economy. Staying up-to-date on the latest silver news allows investors and traders to have a better understanding of how prices are changing so they can use this information to guide their investments and financial decisions.