Tag: gold and silver
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Silver Forecast: Bullish Rally Gains Steam as Silver News Fuels Price Surge
Overview: Silver Extends Five-Day Rally Amid Thin Holiday Trading Spot silver (XAGUSD) is trading higher as the U.S. and global markets enter a light holiday session. A combination of bullish buying pressure, favorable news catalysts, and under-the-radar liquidity conditions has helped Silver extend a five-day rally, with many traders positioning for further upside into the…
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Silver Price Forecast: Jumps Near $51 as Uncertainty Lingers Post-Shutdown
Overview: Silver Surges to the $51 Level as Shutdown Unfolds into Uncertainty Silver prices, traded as XAG/USD, rose toward the $51.00 mark in early Asian trading on Monday, signaling cautious optimism in the wake of the United States government shutdown’s conclusion. The metal’s move higher comes as traders weigh the potential implications for the economy,…