Tag: price of silver

Will Silver Remain Forever $21?

The silver market continued to cool down last week. The recent economic reports from the U.S including the GDP, non-farm payroll and press release of the FOMC meeting may have contributed to the weakness in the silver market. Will the…

What Could Pull Silver Back Up?

The silver market cooled down last week, despite the escalation in the relationship between U.S and Russia. Looking forward, what could bring back up silver? During last week, the price of silver declined by 2.7%. The silver ETF iShares Silver…

Has Silver Reached A Brick Wall?

The price of silver resumed its upward trend as it reached its highest level since mid-March 2014. This week Janet Yellen will testify in Congress. This testimony could impact the price of silver. During the previous week, silver rose by 1.5%.…

Will Silver Change Direction and Fall?

The recovery of the price of silver slowed down in the past week; it finished the week above the $21 mark – silver’s highest level since mid-March. But the upcoming non-farm payroll report could change the course of this precious…

Is the Silver Market Heating Up?

The silver market continued to heat up last week and thus closed a third straight week of gains. The latest FOMC meeting concluded with no significant changes to its policy but the overtone of the FOMC statement and Chair Yellen’s…

What Could Bring Down Silver?

The price of silver tumbled down during last week. As a result, silver fell below $19 for the first time in nearly a year.  This week, the non-farm payroll report and the ECB rate decision could stir up the precious…

Will Market Sentiment Move Silver Prices?

The silver market remained stagnate during last week. Due to this lack of movement, silver remained slightly below the $20 mark for the past month. Does the silver market bound to remain stagnate in the coming months? Let’s analyze the…

Will Silver’s Modest Recovery Continue?

The price of silver slightly increased in the past week. Despite this modest recovery, silver is still around $19 to $20. Will silver’s recent rally continue? Or will the upcoming release of the minutes of the last FOMC meeting drag…

Will Silver Remain Close to $20?

The silver market cooled down in the past week. Will the price of silver remain close to $20? Or will it resume its downward trend? This week, several news items will be released and could influence silver investors. Let’s analyze…