Silver prices are currently trading above $74.49 per ounce in the US session on Friday (December 26th), extending a remarkable rally that began several months ago, fueled by geopolitical tensions and a weakening US dollar. This surge was fueled by continued speculation, supply dislocations in major trading centers, and a large influx of funds into silver-backed ETFs. Rising demand, from both the investment and industrial sectors, has made silver a leading choice amidst the global economy.Silver is also supported by fundamental factors such as rising geopolitical tensions and concerns about...
Gold prices remained around $4,270 per ounce on Friday, near a seven-week high and potentially posting another weekly gain. This positive sentiment stems from expectations that the Fed will continue to loosen monetary policy. The US labor market is starting to show signs of weakening, as evidenced by higher-than-expected jobless claims for the week of December 6, which reached their highest level in more than two months. This has made market participants increasingly confident that the Fed could cut interest rates twice in 2026, although official projections only suggest one. At the same...
Silver prices are currently rising on Thursday (December 11th) amid market expectations that the global interest rate easing trend will continue. The Fed's dovish interest rate cut has lowered yields on interest-bearing assets, making precious metals a popular investment destination. Fundamentally, silver benefits not only as a safe haven but also as an industrial metal, whose demand is closely linked to the green energy and technology sectors, such as solar panels, electric vehicles, and electronic devices. Optimism that interest rate cuts can support economic activity and investment in...
Gold prices fell on Thursday (December 11) as the market began profit-taking after a sharp rally following the Fed's dovish decision. Previously, expectations of interest rate cuts and a weakening dollar had pushed gold prices closer to their peak, but now some market participants are opting to secure profits while awaiting new data and signals from central banks. The rebound in the US dollar and a slight increase in US bond yields also weighed on gold, making non-yielding assets like bullion slightly less attractive in the short term. In addition to technical factors and profit-taking,...
Silver hit a new record high today as the market grew more confident in the Fed's interest rate cut trend and the weakening US dollar. Yields on interest-bearing assets fell, prompting investors to shift funds to precious metals, and silver followed suit alongside gold. Furthermore, silver is being viewed not only as a hedge but also because of its significant role in industrial sectors such as solar panels, electric vehicles, and electronics. However, this sharp surge to an all-time high also increases the risk of a correction. If economic data disappoints or the Fed signals a longer pause...
Oil prices rose to $62 after the US seized a sanctioned tanker off Venezuela and Ukraine attacked Russian "shadow fleet" vessels, adding to the geopolitical risk premium. Venezuela holds the world's largest oil reserves, while recent data showed US crude stockpiles fell by 1.8 million barrels, providing some support for prices.However, from a fundamental perspective, analysts still see the shadow of a "super glut" due to rising OPEC+ and US production, which could potentially exceed demand. Therefore, although geopolitical tensions are lifting prices in the short term, many market...