Daily Silver News: December 8 – Silver Trades Along its Local Low
Silver price is slightly above $24 mark; investors await jobs data.
Silver price is slightly above $24 mark; investors await jobs data.
Silver extended its downtrend, it remains relatively weaker than gold.
Silver continues to trade below $25 as markets await more economic data.
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.
While the yellow metal hit a new record high, the silver price remains below its post-pandemic peak.
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.