View full page at metalsmine.com

 

Mapping the market: Silver's losing streak could surrender more ground to gold

From msn.com

Silver has lost roughly half its value since peaking at an all-time high in January amid a broad shakeout in precious metals prices. But it has also dropped by more than a third against gold, and charts suggest it is knocking on the door of levels that could spark further losses against the yellow metal. The troubles for both gold and silver started on January 30, when speculation that the Federal Reserve might be less inclined to cut interest rates swept through the market. Rising fears of inflation since the start of the Iran war exacerbated this sentiment as markets increasingly prepared for the possibility of ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis