Silver oscillates in a narrow trading band following the previous day's good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday.
Whether you’re a seasoned investor or a novice, understanding what’s driving this squeeze is critical. In this video, we break down the forces at play.
Gold recently ripped through $3,000 an ounce, and that trade was a home run. The question now is: What’s next? Taking a closer look at the iShares Silver Trust (SLV) may reveal the answer.
Gold surged to $3,085, silver jumped to $34.15, but is the silver squeeze real or fantasy? Trump’s explosive tariffs, Kentucky’s stunning veto override, Fed folding rumors, GameStop’s bizarre Bitcoin bet, and why the economy is quietly cracking.
After a bullish month, it will be interesting to see how Monday will close. Probably March will close as a bullish; we have one more day in this month - Monday - to see how the price will behave.
Silver price rallies sharply on Thursday, clears the $34.00 mark as uncertainty about US trade policies, regarding 25% tariffs in all cars, increased appetite for the precious metal.
A discussion about the current market environment, emphasizing how political uncertainty, particularly around tariffs and fiscal policy, is creating unpredictable “jump risk” for equities.
Silver price retreats by 0.32% after reaching a four-day high of $33.92. At the time of writing, XAG/USD trades at $33.60, undermined by the strength of the US Dollar, which has registered solid gains.
