(MENAFN– Straits Research) Introduction Silver is a precious metal known for its high conductivity, durability, and antimicrobial properties, making it valuable across industries such as jewelry, electronics, solar energy, and medicine. It is actively traded as a commodity and used as an investment asset. Industrial demand, mining supply, inflation rates, and geopolitical factors influence Silver’s
The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level. The 200-day moving average is an important indicator of potential trend reversals in stocks. Traders believe an immediate bounceback is needed for stocks to avoid further declines. The stock market has entered the danger zone as the
KUWAIT CITY, Feb 23: Gold prices continued their upward trajectory last week, closing at $2,935 per ounce amid rising geopolitical tensions and shifts in U.S. trade policy, according to a report by Kuwaiti company Dar Al-Sabik released on Sunday. The report noted that gold recorded its eighth consecutive weekly gain, rising 1.8% from the previous
The World Gold Council said Russians bought 75.6 metric tons of gold last year, up by 6% from 2023. Gold is a safe-haven asset that’s often in demand amid high inflation and geopolitical tensions. The price of gold hit a record on Wednesday, jumping above $2,900 an ounce. Russian consumers are buying record amounts of