On Wednesday, October 15th, spot silver prices hovered around $51.928/oz, easing from yesterday's record surge that briefly reached $53+ in London. The extreme rally was fueled by a physical metal shortage in London—driving up the spot premium over New York futures—but that gap has begun to narrow as signs of the squeeze subside, although supply conditions remain tight and lease rates remain well above normal.
Going forward, silver sentiment will be determined by expectations of a Fed interest rate cut—which benefits precious metals—as well as policy risks from the US Section 232 investigation into crucial minerals, including silver. If physical liquidity in London improves and US yields rebound, the rally could potentially pause; conversely, persistently tight supply and a dovish Fed tone could keep prices elevated.
The price of silver at the time of this analysis was released was $51.934
Disclaimer:
This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors ...
Brent oil prices rose today, reaching $61.58 per barrel, driven by several fundamental factors influencing the market. One of these is rising geopolitical tensions, particularly related to the threat ...
Gold Prices Soar Gold prices hit a record high on Tuesday, surpassing $4,480 an ounce for the first time, after posting a 2.4% gain in the previous session, their biggest surge in more than a month. T...
The price of silver (XAG/USD) continues to demonstrate strong bullish control and remains within a high range, even breaking a new record high above $69.00. This increase is supported by strong buying...
The White House has ordered U.S. military forces to focus almost entirely on enforcing a Venezuelan oil "quarantine" for at least the next two months, a U.S. official told Reuters, indicating that Washington is currently more interested in using...
Gold (XAU/USD) started the year on a bullish note and registered impressive gains in the first quarter. Following a consolidation phase during the summer months, the precious metal surged higher in the third quarter and reached an all-time record...
The window dressing phenomenon is expected to again influence financial market movements throughout 2025, especially as each quarter approaches its close. This strategy is generally employed by investment managers to enhance portfolio performance...
The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer...
Bank of Japan (BOJ) Governor Kazuo Ueda stated that achieving 2% inflation is getting closer, although real inflation remains low. Ueda emphasized...
US President Donald Trump said on Monday that the United States may store and possibly sell oil seized off the coast of Venezuela in recent weeks,...
US President Donald Trump used a series of social media posts to outline his views on inflation, interest rates, and Federal Reserve (FED)...