No change of the indicator value may reduce the volatility of the related markets.
12 August
Silver News
Annual Indian gold demand to decline amid high prices of yellow metal — Heraeus
Heraeus analysts note that despite gold pulling back from April highs, prices of the yellow metal remain high. This could further depress Indian demand.
1 July
Silver struggles to hold critical support at $36 an ounce as gold consolidates near $3,300 per ounce. However, Bernard Dahdah, analyst at Natixis, notes that silver may continue rising as it breaks away to forge its own path.
1 July
A decrease of the indicator value may contribute to the fall in quotes of Silver.
27 June
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
27 June
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
27 June
BMO Capital Markets’ outlook for the third quarter suggests that gold prices will remain close to the current level through the summer. However, analysts expect prices to rise to $3,600 per ounce in the fourth quarter.
26 June
At the current moment, silver is trading at approximately $36 per ounce, a 27% increase from its price at the beginning of this year. According to Randy Smallwood, CEO of Wheaton Precious Metals, the asset still has room for a further upside.
25 June
Mexico will not approve new metal mining concessions
Mexico will not issue new licenses for metal mining, said President Claudia Sheinbaum. Additionally, the government intends to review existing projects to assess their impact on the environment, which will help determine whether they can continue operations.
24 June
According to an analysts' review by Heraeus, investors are gradually shifting their focus from gold to silver. In recent months, the share of inflows into silver-backed funds has noticeably increased.
24 June
An increase of the indicator value may contribute to the rise in quotes of Silver.
23 June
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.
What influences the price of silver?
- The balance between supply and demand. Just like in everything else, the law of supply and demand is at work here. If demand goes up, prices are likely to rise. And if supply increases, silver prices may go down.
- Industrial use. Silver is utilized in many industries, from electronics to medicine. This can also drive its price.
Role of silver in the precious metals market
- Silver serves as a benchmark to gold. Silver and gold are often measured against each other. They have their own unique characteristics and attract different types of investors.
- Silver is important in investing—many market participants see the metal as a tool for diversification of their portfolios. It may come in handy for a spread of risk.
The role of news in the markets
- Latest news. Keep up with the news about silver prices, updated every day. This will help you stay informed.
- Economic influences. Changes in the market can be linked to economic trends and events. It is essential for traders and investors.
- Informed decisions. Understanding the current situation helps in making more informed decisions.
- Risk management. Being well-informed help you to respond quickly to market changes and minimize risk.
