-
Silver: Pierces the 70 USD Level
The silver market continues to defy gravity, and really, at this point in time, I think it is overbought at the very least. The market did break above the $70 level at one point in the futures market during the trading session on Tuesday, but it is giving back some of the gains. This makes sense because silver, like many other commodities in the futures markets, does tend to react to these big figures, and therefore, I think giving back a little bit as we pierce $70 makes quite a bit of sense and perhaps leads to a short-term pullback.That being said, this is a market that I have no interest whatsoever in shorting, ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From brecorder.com|Dec 24, 2025Gold surged past the $4,500-an-ounce mark for the first time on Wednesday, while silver and platinum also scaled record highs, as investors piled into precious metals on ...
From cnbc.com|Dec 24, 2025Neil Thomas from Asia Society Policy Institute says the real estate sector remains central to China’s economic slowdown, even as Beijing pushes exports and high-tech investment to ...
From brecorder.com|Dec 24, 2025Iron ore futures prices traded lower on Wednesday, weighed by lower crude steel production globally. The most-traded May iron ore contract on China’s Dalian Commodity Exchange ...
-
- Newer Stories
From @FirstSquawk|Dec 24, 2025PBOC: CALLS ON STRENGTHEN MONETARY POLICY CONTROL IN NEXT STAGE PBOC: TARGETS STABLE ECONOMIC GROWTH, REASONABLE PRICE REBOUND PBOC: REITERATES TO STEP UP COUNTER-, CROSS-CYCLICAL POLICIES PBOC: VOWS TO STRENGTHEN FINANCIAL SUPPORT TO BOOST DEMAND
From finance.yahoo.com|Dec 24, 2025Gold and silver prices have reached new highs in December in response to a perfect storm of economic pressures and geopolitical tensions. Gold jumped to a record high of $4,480.60 ...
From financefeeds.com|Dec 24, 2025The global financial hierarchy underwent a seismic shift on December 23, 2025, as silver’s market capitalization surged past those of Microsoft and Alphabet to claim the position ...
- Story Stats
- Dec 24, 2025 4:49am Posted byTechnical Analysis160
- Instrument:
