Silver Trades Around 14 Years High in a Breakout - Action Forex
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4 Articles
Silver Trades Around 14 Years High in a Breakout - Action Forex
Silver has been working a catch up in terms of performance compared to the more-shining Gold that really took off against other traded metals in the first half of the year. Our past analysis of Silver observed the addition of elements that could lead to a breakout, with that outcome actually taking place in the […] The post Silver Trades Around 14 Years High in a Breakout appeared first on Action Forex.
Silver prices take off as year-to-date gains of 35% outpace gold
Silver prices have soared nearly 35% year-to-date, surpassing gold’s 28% gain, as investor demand rises amid ongoing U.S.-Mexico trade tensions and a tightening physical market due to a prolonged supply deficit. On Monday, spot silver climbed as much as 1.8% in early-week trading, reaching approximately $39.04 per ounce its highest level in nearly 14 years. The latest rally builds on last week’s 4% increase, reflecting heightened interest in the…
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