Perth Mint Gold stock
Source – Reuters
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Silver stays strong
The silver market has seen a lot of noise at the $33 level, as it is a major resistance level from what I can see. At this point, you need to understand that the silver market is not just a precious metal, but an industrial one.
Source – FX Empire
India gold price rises
The price for Gold increased to INR 94,784.55 per tola from INR 94,440.36 per tola a day earlier.
Source – FXStreet
Silver Continues to See Sluggish Resistance
The silver market continues to see a lot of noise at the moment, but at this point, we are watching the trendline for some kind of decision to be made for the longer-term. Silver is something that you should always be careful for, but this time of year makes it even worse when it comes to position sizing.
Source – Christopher Lewis / FXEMPIRE
Silver Price 2024 Year-End Review
This year has been an up and down ride for silver after 2023 but seems to have taken a turn in the last quarter of the year.
News!
“Silver fell to a quarterly low of US$30.11 on November 27, but since then the precious metal has regained some ground. As of December 11, it was trading at US$31.88.
The next Fed meeting is set to run from December 17 to 18. Most analysts expect the central bank to make one last 25 basis point cut before pausing in 2025.”
Source – Investing News Network