Gold and silver are gaining momentum, with gold near $2,515.83 and silver at $30.02, both approaching critical resistance levels that could trigger further gains.
Silver is surging as India’s insatiable demand rockets prices toward the critical $30 threshold, setting the stage for a potential breakout.
Analysis of the silver market highlights why the $27.59 per ounce level is critical for understanding its future direction in 2024.
A 3% jump pushes silver near $30, driven by Fed rate cut buzz and rising demand from Samsung’s new battery tech. Is more upside ahead?
Silver dips below $29 due to a weakening US dollar and rising Fed rate cut speculation, signaling continued short term bearish trends.
Silver (XAG/USD) dips below $29.50, yet long-term bullish momentum remains intact, supported by Fed rate cut expectations and key support zones.
China hoarding silver, price 10% higher than West. Secret weapon or economic warfare?
Silver rises toward $30 as the dollar weakens. Samsung's EV tech could spark a long-term demand surge for silver.