Daily Silver News: December 5 – Silver Price Is Below $25 Again
Silver followed fake rally in gold yesterday and today it extends the decline.
Silver followed fake rally in gold yesterday and today it extends the decline.
Silver reached new medium-term high before quickly reversing lower.
Will pivot stars continue to light silver’s way, or is the white metal headed for a significant reversal?
Silver price is above $25 as markets await Powell’s speech, economic data.
Silver is going sideways ahead of the important economic data.
Silver trades along $25 mark as markets await more economic data.
Silver price remains above $24 level as markets await more economic data.
Silver is closer to $25 price level as U.S. dollar weakness persists.
Caught between conflicting forces, will pivot optimism outweigh the economic malaise that should unfold in the months ahead?
With the economic backdrop continuing to deteriorate, silver’s bull case has become increasingly fragile.
Recession winds are blowing, and the next major gust could push silver over the edge.
Metals are experiencing an upward trend this week due to geopolitical tensions between Israel and Hamas.