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.
Peter Krauth, editor of Silver Stock Investor, expects silver to hit $45 by year-end. However, the expert is confident the metal's rally has further to run, forecasting prices will break through the $50 barrier as early as next year.
An increase of the indicator value may contribute to the rise in quotes of Silver.
The price of silver is steadily rising above $35 per ounce, a 13-year high, according to experts at Kitco News. This week, the precious metal surged by 8.7%, its best performance since early May.
Bloomberg reports that silver has hit a 13-year high, driven by a technical breakout. This rise signals increasing investor interest in precious metals deployed in the industrial sector.
Saxo Bank analyst Ole Hansen has noted a sharp rise in gold and silver prices, which he attributes to changes in the macroeconomic environment. The Bloomberg Dollar Spot Index is trading near a two-year low, contributing to the increase in precious metal prices.
American entrepreneur Robert Kiyosaki shared his investment recommendation for 2025 with Finbold. He advises traders to take a closer look at silver. The asset is far below its historical peak but has enormous growth potential, while gold and bitcoin are approaching all-time highs.
According to Kitco News, the gold market has significant upside potential driven by economic uncertainty and geopolitical instability. However, Michele Schneider, chief market strategist at MarketGauge, highlights promising opportunities in silver.
Investors are cautious about purchasing silver due to a number of US macroeconomic factors. The absence of clear price movement stimuli has left the silver market in a prolonged state of consolidation.
An increase of the indicator value may contribute to the rise in quotes of Silver.
No change of the indicator value may reduce the volatility of the related markets.
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.