Silver prices this week have been slow and steady, continuing an uneventful August during which the white metal has traded in a narrow range.
However, while silver is likely to recoup from its recently slow trading in July, it most likely won't see a prolonged rally anytime soon because the big drivers simply aren't there.
Here's why for silver, things are going to get worse before they get better...
Silver prices this week have been slow and steady, continuing an uneventful August during which the white metal has traded in a narrow range.
However, while silver is likely to recoup from its recently slow trading in July, it most likely won't see a prolonged rally anytime soon because the big drivers simply aren't there.
Here's why for silver, things are going to get worse before they get better...
Silver prices have been sensitive to activities in the futures markets, with prices moving almost perfectly opposite to the amount of short contracts speculators hold.
This week, the U.S. Commodity Futures Trading Commission released data that shows that silver contracts are mounting coming off weekly lows.
Here’s what that will do to August silver prices, and when to expect bigger advances.
