XAG/USD gets knocked back, slips back below $22 on US CPI plunge

[ad_1] Share: Spot Silver takes a knee after the US CPI inflation reading mangles investor risk appetite for Thursday. Risk appetite has soured and Silver’s meager gains for Thursday have evaporated. Investors will be keeping an eye out for changes to the Fed’s dot plot moving forward. The XAG/USD slid below $21.80 on

Gold on Track for Seventh Day of Declines, Silver Tests Support

[ad_1] Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Higher Rates, Yields, USD and now More Job Openings too A shock surprise in US job openings data revealed that more than 9.6 million jobs in the US have gone abegging. The consensus estimate hinted at only 8.15 million as the job

XAG/USD to rebound towards $25 by year-end – ANZ

[ad_1] Share: Strategists at ANZ Bank analyze Silver (XAG/USD) outlook. Investment demand to reverse Silver is facing a double whammy: expectations of a rise in US interest rates curbing its investment appeal and a weaker Chinese economy weighing on industrial demand. These two drags are driving a recent liquidation of Silver investments.  We

AUD/USD Stuck in a Range, Silver Eyes retest of Trendline Support

[ad_1] Market Recap Wall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest. The VIX has touched its highest level close since

Gold and Silver Prices Weaken on Monday, How is the Near-Term Landscape Shaping up?

[ad_1] Gold and Silver: Near-Term Technical Update Gold and silver prices weakened on Monday XAU/USD inches closer to key rising support XAG/USD might have more room to consolidate. Recommended by Daniel Dubrovsky How to Trade Gold XAU/USD Analysis Gold and silver prices have continued lower amid the rise in longer-term US Treasury yields and a

XAG/USD soars by more than 2% to close the week

[ad_1] Share: XAG/USD advanced by 2.20% to $23.20. The USD is trading somewhat soft on Friday ahead of the weekend. US yields and tightening expectations remain steady.  Michigan Consumer Sentiment from September declined to 67.7. At the end of the week, the XAG/USD Silver Spot price gained significant demand and increased to $23.15. On

XAG/USD declines after hot inflation reading of the US

[ad_1] Share: XAG/USD declined by 0.90% to the $22.80 area. Headline CPI from the US from August rose to 3.7% YoY, beating expectations. US yields retreated but remain uncomfortably high for precious metals. In Wednesday’s session, Silver prices retreated and failed to consolidate above $23.00, falling to the $22.80 area. After fresh inflation

XAG/USD displays volatility contraction near $23, following subdued US Dollar

[ad_1] Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of