Market News
Silver Finishes Nearly Flat After Bullish Start
Early in the trading session, it looked like the metals were finally catching a bid but late afternoon selling pressure brought prices back to near where they started the day. The spot price ended the day with a bid of $27.28 per ounce after trading as high as $27.73 earlier in the session. The technical [...]
Silver Advances as Buyers Return
After a brief pullback earlier in the week, silver made a strong move to the upside in morning trading to advance from just below the $39 per ounce mark to over $40 by noon (New York time). Futures saw renewed buying interest after a short-lived bout of profit-taking during the morning hours. From a technical [...]
Prices Rebound After Recent Weakness
After several days of trading in a narrow range, silver prices have broken out of a consolidation pattern and rebounded off of the 200 day moving average. By mid-day, silver was trading near $36.50 an ounce and appeared ready to join gold which began to move higher on Friday. Unlike gold which has now cleared [...]
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