Daily Silver News: November 1 – Silver Sold Off Below $33
Silver price reacted to sell-off in gold; today, markets await key jobs data.
Silver price reacted to sell-off in gold; today, markets await key jobs data.
Silver price is pulling back despite new records in gold; markets await economic data.
Silver price is fluctuating as markets brace for data, presidential elections.
Silver moved sharply lower, retracing some of the recent advances.
Silver extends its advances, reaching the highest since 2012.
Silver continues its consolidation despite new records in gold.
Silver price keeps advancing, breaching the $32 level.
Silver remains above $31 following last week’s rebound, gold strength.
Silver price remains near $33 as markets await presidential elections, Thursday’s Fed.
Silver remains relatively weak as markets await more economic data, presidential elections.
Silver is retracing some of its Wednesday’s sell-off as investors await economic data.
Silver continues its decline, trading closer to the $33 level.
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The interest in silver investing and trading is on the rise, mirroring the growth in industrial demand for this metal. The coming years are anticipated to witness unprecedented levels of industrial silver usage, largely driven by the expansion of the green economy, with significant investment in solar energy - photovoltaic cells in particular - along with upgrades to electrical infrastructure and the current rollout of 5G and future 6g telecommunications networks. Moreover, the automotive industry's growing dependency on electronic components further fuels this demand, often also hitting headlines in news services that are outside the silver investment community.
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How does the value of the US dollar influence the spot price of silver?
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