Another day, another bearish confirmation. And I don’t even mean (not one but) two breakdown in silver that we see in today’s pre-market trading. Yes, this is bearish. Even if silver moves back up in a way later, the fact that silver moved below the support lines based on the intraday price extremes is already
Meanwhile, Platinum ETFs and institutional positioning have surged, with investment demand forecast to hit 688,000 ounces in 2025. Analysts at TD Securities warn that ETF accumulation is now draining the free float – setting up the potential for tightening liquidity and a short-squeeze. Platinum’s Supply Crisis Is Accelerating The bullish setup doesn’t stop at demand.
Silver price recovers sharply to near $36.00 after attracting bids around the 20-day EMA. The White House clarified that the US has no plans to strike Iran immediately. The Fed warned of upside inflation risks under the Trump’s leadership. Silver price (XAG/USD) claws back half of its early losses and rebounds to near $36.10 during
(MENAFN– Crypto Breaking) In the evolving landscape of digital assets, one of the most critical challenges is ensuring the stability and reliability of tokenized assets. Among these, assets that maintain a 1:1 peg with real-world assets like gold, currencies, or commodities require meticulous management to maintain their value and trust with investors. Understanding Asset-Backed Tokens
Moreover, the 2025 GDP growth outlook was lowered to 1.4% due to uncertain trade policies and economic challenges in the US and China. Meanwhile, unemployment is expected to rise to 4.5%. These projections reflect a cautious stance, maintaining tight monetary policy and limiting gold’s rally. The US Dollar Index rebounded from the 98 support level,
While Gold prices continue to break records, its dominance of the precious metals market is beginning to be challenged. A new dynamic is at work: the spotlight is increasingly turning to previously long-neglected metals such as Silver, Platinum, Palladium and Copper. Driven by a combination of industrial, financial and geopolitical factors, these precious metals are
While the Gold price continues to break all-time records, another metal is increasingly attracting attention: Silver. Long overshadowed by its Golden cousin, Silver price momentum is increasingly convincing. Could Silver be the next big thing in the precious metals markets? A rare split between Gold and Silver The split between Gold and Silver prices recently
Silver edges higher on Tuesday, though it remains confined in a multi-day-old range. The bullish technical setup supports prospects for an eventual break to the upside. A corrective slide below the $36.00 mark might still be seen as a buying opportunity. Silver (XAG/USD) extends its sideways consolidative price move for the third consecutive day and
Silver prices are stalling above the key psychological level of $36.00, now acting as near-term support following June’s breakout. Geopolitical tensions between Israel and Iran remain a key driver, with markets watching for signs of de-escalation that could influence Silver’s safe-haven demand. XAG/USD remains sensitive to movements in the US Dollar and Treasury yields, ahead
Platinum and palladium have very different price drivers from gold, with automotive catalytic converters dominating demand. 1. Automotive Demand About 40% of platinum and 80% of palladium goes into catalytic converters for vehicles. This creates a direct link between auto sales and PGM prices. Platinum is used primarily in diesel catalysts, while palladium is used