Silver prices rose on Friday, ending a turbulent week for the metal that began with silver futures rising to their highest level since 2013, before dropping by more than 10% on Tuesday. Today, silver futures for March delivery gained 79 cents, or 3%, to finish at $27.019 per ounce. For …
Read More »How the GameStop Bubble is Leading to a Surge in Silver Prices?
Silver futures rose on Monday and closed at a level not seen since 2013, on the back of strong demand that is attributed to retail traders on the social media platform Reddit. Reddit users through WallStreetBets were able to recently lead huge demand for stocks such as GameStop and AMC …
Read More »Silver Rises to a Peak of 6 Months Due to Retail Boom
Silver rose for the third session in a row on Monday, February 1, rising as much as 7.4% near a six-month peak after posts on social media last week called for retail investors to flood the market. Spot silver reached its highest level since August 11 at $ 29.7 an …
Read More »Gold Sees Biggest Decline in Seven Years
Gold prices declined on Tuesday amid a strong correction wave, seeing its largest fall in more than seven years, since mid-April 2013. The losses of the yellow metal as stock markets around the globe flourished, supported by positive news about a vaccine for the coronavirus disease (COVID-19). Gold futures for …
Read More »Silver to The Highest Levels in 7 Years
Silver prices are recording strong gains against the US dollar during the last hours, to test the highest levels since April 2013, with a record rise in gold, along with global tensions and the uncertainty that dominates the market. Silver traded at 12:00 GMT, up 4.55% to $ 28.22 an …
Read More »Silver Fell After Historic Monthly Gain
Silver prices fell on the European market on Monday under pressure from the recovery of American currency levels against a basket of global currencies, at the beginning of August trading, after achieving the largest monthly gain in percentage in the history of trading the white metal in july. Silver prices …
Read More »Silver Futures at Highest Level Since 2014
Silver prices rose on Tuesday to their highest level since 2014, increasing by more than 80% from its lowest registered earlier this year. Increased demand on safe havens is helping the white metal maintain a rising streak, coping with the recent surges in gold prices. Silver futures advanced by roughly …
Read More »Gold Prices Settle Higher and Silver Maintains Gains
Gold prices settled higher on Monday, with the trading week beginning with an increased demand for safe havens as the number of COVID-19 cases continue to increase in the US and the world. Gold futures for August delivery increased by 0.4% and settled at $1,817.40 per ounce. Meanwhile, silver futures …
Read More »Silver Surges to Highest Level in Four Years
Silver prices rose to their level in roughly four years, after exceeding the $20 per ounce mark for the first time since September 2016. Rising demand on safe have, which has been driving recent increase in gold prices has also led to the appreciation of the white metal prices. Silver …
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