Silver / US Dollar Spot
Asia markets open higher amid holiday-thinned trade; silver hits fresh high
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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Gold and silver reach fresh highs for second day running — and could keep climbing
Gold and silver have rallied this year — and prices keep climbing. Gold futures for February delivery rose settled 0.8% higher at $4,505.7, after hitting a record of $4,530.80 per ounce. Spot gold was up 1.04% to $4,491.68 per ounce. Meanwhile silver futures for March advanced 4.59% and was last seen at $71.71 per ounce, while spot silver was last trading […]
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The next rare earths crunch? Top mining CEO warns copper supply challenges aren’t going anywhere
Copper supply constraints have led to soaring prices and stockpiling in 2025 – and according to the CEO of one of the world’s largest mining firms, elevated prices aren’t likely to climb down anytime soon. Copper prices hit a record high of $11,952 per metric ton on Friday, the latest record high this year driven […]
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Triple-digit silver? Investors weigh in on what’s next after the ‘sleeping beauty’ metal’s 115% rally
Silver has been on a winning streak this year that’s seen the metal more than double in value, smash multiple records and outperform gold. Since the beginning of the year, the so-called “Devil’s metal” has gained 114.6%, with spot silver last seen trading at around $61.96 an ounce after touching a record high of $62.88 […]
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Gold is getting knocked on Tuesday – it’s still the hottest trade of the year
While gold was taking a hit on Tuesday, the metals trade has outshined artificial intelligence on Wall Street this year, even the latter has propelled the broader stock market to record levels. Gold crossed the $4,000-per-ounce threshold earlier in October, and just this week, it hit a record above $4,300 . It’s currently up more […]
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From gold and silver, to oil and aluminum: Where analysts see prices now the Fed has cut rates
The U.S. Federal Reserve cut its benchmark interest rate on Wednesday and more reductions are expected in the coming months. Analysts at both Citi and HSBC have taken the opportunity to do deep dives into how commodities are likely to perform looking ahead. Citi said in a fourth-quarter outlook report that the U.S. and global […]
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Silver vs. gold: Bank of America names 4 ‘attractive’ ETFs to gain exposure to precious metals
As the price of gold hits new all-time highs and silver rallies to a multi-year high, Bank of America has identified four exchange-traded funds (ETFs) that offer attractive exposure to precious metals. The top-rated ETFs include abrdn Physical Silver Shares ETF (ticker SIVR), iShares Silver Trust (SLV), Invesco DB Precious Metals Fund (DBP) and abrdn […]
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Gold eases as dollar gains, Fed rate cut bets lend support
Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal Reserve as early as September. Picture Alliance | Picture Alliance | Getty Images Gold prices edged lower on Thursday as the dollar rebounded, […]
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Gold dips but established for weekly rise on Fed price pause hopes
Akos Stiller | Bloomberg | Getty Photos Gold prices dipped on Friday after climbing additional than 1% in the former session, despite the fact that hopes of a likely pause on desire price hikes by the U.S. central bank held bullion on monitor for a weekly obtain. Spot gold fell .2% to $1,963.41 for each ounce by 05:15 […]
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