Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Gold prices hit a new record high on Tuesday (September 16th), breaking through $3,685 per ounce. This increase occurred as investors grew more confident that the Federal Reserve (The Fed) would cut interest rates this week, opening the door to further monetary easing in the coming months. Furthermore, the weakening of the US dollar to its lowest level in more than seven weeks also boosted gold prices. The market is now awaiting the release of the Fed's latest economic and interest rate projections via the "dot plot" and Chairman Jerome Powell's press conference following the announcement of...
Global oil prices fluctuated in today's trading. Market sentiment was torn between concerns about oversupply and the threat of supply disruptions due to geopolitical escalation. On the supply side, recent data showed that US crude oil inventories increased more than expected. Meanwhile, OPEC+'s decision to gradually ease production cuts also added pressure. However, bullish sentiment has not completely dissipated. The recent attacks on energy facilities in Russia raised concerns about sudden supply disruptions. The potential for new sanctions against Moscow and the escalation of conflict in...
The movement is still being driven by global sentiment, which supports demand for the precious metal. Investors are increasingly optimistic that the Federal Reserve will cut interest rates in the near future after US employment and inflation data showed signs of weakness. These expectations of monetary easing have driven down real yields, thereby increasing the appeal of non-interest-bearing silver. In addition to monetary factors, industrial demand is also a key driver, particularly from the renewable energy, electronics, and technology sectors. As the global transition to clean energy...
Gold is consolidating around $3,650 (near resistance), still supported by a weak USD and subdued US yields. Key levels: $3,675 (latest high) above, with $3,626 as support. FOMC decision will be decisive: dovish (-25 bps + further signals) → USD tends to weaken → gold has the potential to rise; more cautious/hawkish → USD could rebound → gold is vulnerable to a correction to the support area. Oil price at the time of writing was $3,659.DISCLAIMER Note: This article is analytical in nature and is not a definitive reference. Consider fundamental and technical developments in trading before...
Positive sentiment ahead of a potential interest rate cut from the Fed has made precious metals, including silver, more attractive, as carrying costs are likely to decrease if interest rates fall.At the time of this analysis, the price of silver was at $42,178. Source: Newsmaker.id