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...
Silver prices edged higher today after previously surging to their highest level in over a decade, driven by two main factors: strong industrial demand (particularly from the solar and electronics sectors) and a multi-year supply deficit. Meanwhile, while real interest rates and a strong US dollar are putting pressure on precious metals, as they don't yield interest, silver remains supported by its position as a strategic industrial metal—not just a safe haven asset. The price of silver at the time of this analysis was $47,629. Disclaimer:This article is analytical in nature and is not a...
Gold prices are currently holding at $3,998, with investors awaiting further signals from the Federal Reserve regarding monetary policy. The upcoming interest rate decision will be a key determinant of gold's direction in the near term. If the Fed decides to maintain or lower interest rates, gold has the potential to continue strengthening. However, if interest rates remain high, gold prices may face downward pressure.At the time of this analysis, gold prices were at $3,998. Disclaimer:This article is analytical in nature and is not a definitive reference. Please consider fundamental and...
Brent oil prices experienced a slight correction on Monday (November 3rd), compared to the previous week. This decline reflects growing concerns about slowing global demand and relatively stable supply—two factors that have combined to exert upward pressure on oil prices. Source: Newsmaker.id
Silver prices stabilized at $48.8 per ounce after high volatility last week. Investors are now awaiting the release of the US ADP employment data and the ISM PMI, as well as the impact of the Federal Reserve's recent interest rate cut.The easing of US-China trade tensions has also reduced demand for silver as a safe-haven asset. China will suspend export controls on rare earth metals, while the US has suspended some tariffs, affecting market sentiment toward precious metals.(asd)The price of silver at the time of this analysis was released was $48,900 Disclaimer:This article is analytical...
Gold prices fell below $4,000 an ounce early in the Asian session on Monday (November 3rd) after China ended a long-standing tax break for some retailers. This new policy could depress demand in the world's largest gold market, which had been fueled by the tax incentive. Gold bullion for immediate delivery briefly fell 1% before paring most of the intraday losses.On Saturday, Beijing announced that it would no longer allow retailers to offset value-added tax when selling gold purchased from the Shanghai Gold Exchange and the Shanghai Futures Exchange. This move covers both live and processed...