Open Demo Account
Home / Market Update / Commodities / Silver Maintains Rising Trend for Second Day

Silver Maintains Rising Trend for Second Day

M. Ali 4 August, 2021 12:30 am Commodities, Market Update

Silver prices rose on Tuesday, for the second consecutive session, amid improved demand from investors.

Silver front-month contracts added less than a cent, or 0.04%, to finish at $25.566 per ounce.

Silver modest gains come despite another decline by gold futures, amid an increase by the U.S. Dollar (USD) and Treasury bond yields.

Unlike gold, which is seeing increased selling pressures due to profit making by investors, silver continued to rise for the second day in a row.

Tags

Check Also

Why the Fed’s Next Move Is Silver’s Biggest Test

Silver’s recent surge has placed its appeal in the spotlight, with the precious metal climbing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends