Silver

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Gold adds to record rally amid trade war

ByVictoria
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Spot gold was up 0.8% at $2,864 per ounce by 09:24 a.m. ET (1424 GMT), after hitting a record high of $2,877 earlier in the session.

“Gold continues to be largely influenced by trade uncertainties… the tariffs with China and the retaliation has the market on edge, so safe-haven flows remain the dominant factor,” said Peter Grant, vice president and senior metals strategist at Zaner Metals.

Spot silver rose 0.4% to $32.23 per ounce, platinum gained 1.6% to $979.40 and palladium added 0.4% to $994.75.

Source – Reuters

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Trump tariffs shake silver market

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“People are well advised to know and expect that [silver] is going to be volatile,” Krauth said. “It’s going to be more volatile than gold, and if you talk about silver stocks, that’s another—you know, it’s exponentially more volatile.”

“Maybe it’s not a bad idea to wait a little bit to let things calm down.”

Source – Self Employed

Peter Krauth author of “The Great Silver Bull” and precious metals analyst.

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Gold, Silver and Platinum move above level

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Gold tests historic highs as the strong rally continues.

A move above the $2850 level will open the way to the test of the $2900 level.

In case silver stays above the $32.00 level, it will head towards the next resistance at $32.75 – $33.00.

In case platinum settles back above the $1000 level, it will move towards the resistance level at $1025 – $1030.

Source – FXEMPIRE

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Peter Krauth: US$40 Silver in 2025?

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“I think that given the setup right now, we have decent odds of returning probably — possibly — somewhere to that US$35 level before the middle of the year, and before we reach the end of this year we could probably touch potentially US$40 in silver,” he told the Investing News Network.

Peter Krauth is the editor of Silver Stock Investor.

Source – Investing News Network

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Silver prices showing momentum as US tariff Mexico and Canada

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Putting tariffs on the world’s largest silver producer, Mexico, and a bullish seasonal window has woken the silver bulls.

Silver is showing strong signs of bullish momentum, supported by seasonal demand, a favorable technical picture, and a fundamental catalyst in the form of tariffs on Mexico and Canada.

Source – Barchart / Written by Don Dawson

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Fifth Straight Significant Silver Supply Deficit Forecast for 2025

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Supply is expected to grow by 3 percent, but it won’t be nearly enough to feed growing demand. This will lead to a 149 million-ounce market deficit. While the gap between supply and demand will shrink by about 19 percent from last year’s level, it will remain “sizeable historically.” 

Source – Money Metals / Written by Mike Maharrey

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Silver prices rise

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New Delhi, Jan 29 (PTI) Silver prices on Wednesday marginally rose Rs 6 to Rs 91,057 per kilogram as participants increased their bets.

Globally, silver was trading 0.14 per cent lower at USD 30.37 per ounce in New York.

Source – Press Trust of India

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Gold prices hold steady as investors await US Fed policy cues

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Spot gold eased 0.2% to $2,758.49 per ounce by 09:55 a.m. ET (1455 GMT), while U.S. gold futures rose 0.3% to $2,775.60, widening the premium over spot gold rates.

“However, the Fed’s commentary in regards to the potential for an interest rate cut in the March meeting is going to be in focus,” said David Meger, director of metals trading at High Ridge Futures.

Elsewhere, spot silver gained 1.7% to $30.92 per ounce, platinum also added 0.5% to $946.45. Palladium was up 0.8% to $962.50.

Source – Reuters