Silver

NEWS DESK

Investors cash in: Gold and silver see year-end profit-taking

News Desk 1 17/12/2024 0

Gold and silver investors increasingly turn defensive ahead of year-end as they seek to protect and lock in gains following a very strong year. This year has seen gold’s record-breaking rally deliver the best annual return since 2010, while silver has managed to keep up with gold, reaching a

NEWS DESK

Crude length cut ahead of Israeli strike; silver and platinum see strong demand  – Saxo Bank

News Desk 1 30/10/2024 0

Commodities: In the latest reporting week, the Bloomberg Commodity Index rallied 1.8%, thereby fully recouping losses in the previous week. All sectors except softs saw higher prices, led by precious metals, where all metals saw demand amid haven demand ahead of the US elections, with silver jumping more than 10% after breaking resistance-now-support at USD […]

NEWS DESK

How high can gold and silver rally? – Saxo Bank MENA

News Desk 1 16/10/2024 0

Gold’s record-breaking rally continues, and following another shallow mid-month correction that saw buyers return ahead of USD 2,600, spot bullion has returned to trade just below the USD 2,685 record reached last month. The precious metal market has witnessed an unprecedented strong uptrend this past year, with gold and silver both trading up close to […]

NEWS DESK

With gold reaching new heights, silver shows potential – Saxo Bank

News Desk 1 17/09/2024

Gold’s record-breaking rally continues, with spot bullion now approaching USD 2,600 per troy ounce, reflecting a year-to-date gain of over 25%. This surge means a standard 400-troy-ounce gold bar (around 12.4 kilograms or 27.4 pounds), commonly traded internationally and used by central banks, now costs over USD 1 million, up from USD 725,000 last October. […]

NEWS DESK

Gold reached an all-time high, while silver rallied above $30 – Saxo Bank

News Desk 1 16/09/2024

Commodities: Gold prices reached new all-time highs, increasing by 0.77% to close at $2,577.70. Silver also saw a significant rise, climbing 2.81% to $30.72, driven by a declining dollar and lower Treasury yields ahead of the FOMC policy meeting next Wednesday, where rate cuts are widely anticipated. Over the week, gold surged more than 3.5%, […]

NEWS DESK

Global Stock Markets Show Mixed Results; Gold and Silver Trim Friday’s Gains – APM Capital Market Report

News Desk 2 09/07/2024

Mark Pussard, Head of Risk, APM Capital On Monday, global stock markets, like the U.S., presented a mixed picture with a combination of modest gains and losses across major indices. US markets  Wall Street closed with mixed results on Monday as investors anticipated fresh inflation data, Federal Reserve Chair Jerome Powell’s commentary, and the beginning […]

NEWS DESK

Gold and Silver Surge as Weak US Jobs Report Fuels Fed Rate Cut Speculation

News Desk 2 08/07/2024

APM Capital Market Report Stocks were mixed around the world on Friday as political uncertainty took center-stage. Labour swept to power in a landslide in the UK, change is on the horizon in France, while in the U.S. the once-favoured incumbent hovers on whether or not to continue his candidacy. Here are the closing quotes […]

NEWS DESK

Silver surged by 4.5% to above $31 – Saxo Bank MENA – Market Report

News Desk 2 28/05/2024

Commodities: Oil increased as tensions escalated in the Middle East following the death of an Egyptian soldier in a clash with Israeli troops. WTI rose by approximately 1% from Friday’s close to near $79 a barrel, while Brent traded close to $83. Egypt’s military confirmed the death at the Rafah crossing into Gaza, potentially heightening […]