Why Silver Prices Are Rising Today
Silver prices today (Wednesday) picked back up above the $20 an ounce level, after languishing on speculator activity and coming out of a steady downward slump in July.
See why today the white metal is beginning to reverse course and head upwards…
Silver Price Forecast: Metal to Gain Ground in August on These Factors
Silver's 3% drop in July was to be expected, given it was coming off an unsustainable and unprecedented June rally.
But now that the traders have taken their profits and the white metal is moving into a month that has in recent history produced impressive gains for silver, we could be on the cusp of a bull run to $24.
Here’s our new silver price forecast...
Silver Prices Down Early This Week and Won't Budge in Morning Trading
Silver prices are down slightly to open the week, but have barely budged this morning (Tuesday) as foreign policy tensions heighten over Russian sanctions and clashes in the Gaza Strip.
Here’s an overview of what’s moving the silver price now and the events investors want to watch for…
Silver Prices Today End Up, but Down for Second Straight Week
Silver prices today are up, but this is the second straight week of declines.
In the last two weeks, silver and gold have both begun to slide.
This slump is easily explained though, and here's how...
Why Silver Prices Are Dropping Today
Silver prices are taking a dive today (Thursday) on the heels of encouraging economic news, profit-taking, and anemic summer trading.
Here's a closer look at how low the white metal will go.
The Six-Week Silver Price Rally Ends on Summer Trading and Renewed Confidence
Barring a big surge later in the day, silver prices are likely to finish down on the week for the first time since the last week of May.
Here's why silver has traded higher during these typically slow summer weeks..
Silver Prices Post Slight Gains in Slow Week
Silver prices have had a slow week, but popped today after news broke on this event.
Here’s what happened, and what’s driving silver long term.
Here's Why the Price of Silver Is Up for Its Sixth Week in a Row
The price of silver is up for the sixth week in a row, refusing to languish in the summer doldrums, which have historically kept the white metal from sustaining rallies into July and August.
Here’s why the trend is reversing this year…
Silver Price Today Cushioned by Solid Demand
The silver price today moved solidly higher in morning trading following some positive economic data out of China.
July Comex silver traded up $0.392, or 1.26%, at $19.73, after the preliminary HSBC China manufacturing purchasing managers index (PMI) for May came in at 49.7. That was up from 48.1 in April, and was the best reading in five months.
Here’s what’s next for the price of silver…
With the Silver Price Low, Demand for Physical Silver Sets a Record
It's like Money Morning Global Resources Specialist Peter Krauth has been saying: A low silver price doesn't scare away investors; it draws them in.
As silver prices slumped 36% in 2013, retail investors took advantage of the dips and sent physical silver demand up 13% to an all-time high, according to World Silver Survey 2014.
Here's what else is moving demand for physical silver today...
Spike for Silver Prices Ahead? This Options Activity Suggests So
After rising as much as 16% earlier this year, silver prices are now nearly unchanged year-to-date. They're up just 0.2%, while gold has gained 7.2%.
The silver price isn't the only number that's lagging...
Silver's option activity sits near a decade low. That's highly unusual - and won't last.
In fact, the low activity suggests some big changes ahead for the white metal…
Silver Price to Keep Rising on Safe-Haven Demand
The silver price was modestly higher Friday amid mounting geopolitical tensions that have stoked bullish options activity.
In early afternoon trading, spot silver was last up $0.03, or 0.15%, at 19.78 an ounce. The metal traded as low as $19.57 and as high as $19.92 in another volatile session.
The white metal went on a rollercoaster ride Thursday, but here's why silver's in the bulls' corner moving forward...
Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed
Silver prices spiked some 2%, or $0.51, to $20.49 an ounce intraday Thursday before closing the session up $0.37 to $20.14 an ounce.
The gains came as the U.S. stock markets sold off sharply. Stocks sank even after the Labor Department reported U.S. weekly jobless claims dropped to a seven-year low, a sign of ongoing recovery in the labor market and the economy.
But what we care about is the big picture.
Here's what's ahead for silver...
Investing in Silver: Singapore Supplier Opens Vault on Soaring Demand
Amid frenzied demand to buy and store silver, a Singapore retail supplier of coins and bars opened a new 600-metric-ton vault on Monday.
The sizable Silver Bullion Pte. Ltd. storage facility can hold some $390 million worth of silver (at Friday's prices of $20.33 per ounce). Known as The Safe House, the new facility is located west of Changi International Airport. At present, it keeps some 37 tons of silver, mostly for its retail clients, behind a secure 2.5-ton stainless door.
Here's what that means for investing in silver...
Silver Prices Today Show Long-Term Profit Potential
Buoyed in early trading by a flight to safety amid simmering turmoil between Ukraine and Russia, silver prices today are showing signs of life.
In morning trading Friday, the price of silver rose $0.62, or 2.44%, at $21.89 an ounce. While the white metal slipped $0.148 Thursday to finish the session at $21.25 an ounce, the dip came on mild profit taking. Silver had a stellar showing Wednesday, ending up 2.66%, or $0.55, at $21.33.
Here's why this is an important catalyst for higher silver prices over the week...