All articles tagged with #silver
Spot Silver closed higher for a third straight session, finishing above pivots and the 50-day MA, setting up a breakout from a three-week range. A break through $86.32 could spark a rally toward $92.20 with potential moves into the $92.87–$99.66 retracement zone, aided by momentum while tariff news and Fed cut expectations frame the near term.
Gold and silver prices slipped as traders weigh rate expectations ahead of a busy U.S. data week, with spot gold down 0.9% to $4,997.74/oz and April gold futures at $5,019.25/oz, while spot silver fell 1.5% to $76.808/oz and platinum at $2,043.20/oz. The market focus is on the Federal Reserve minutes from the January meeting and December PCE inflation data, along with U.S. trade and industrial production figures, as investors reassess the path of monetary policy and inflation.
Gold climbed over 2% after January CPI rose 0.2%—below expectations—reigniting bets the Fed will cut rates this year, with spot prices near $5,030/oz and April futures around $5,051/oz. Silver also rose about 2% to $76.88/oz, while January jobs data showed 130,000 new hires. Markets estimate roughly 63 basis points of cuts this year, with the first move expected in July per LSEG. China’s gold demand stayed strong ahead of Lunar New Year, and India saw a discount market.
U.S. stocks edged up while gold, silver, and bitcoin steadied, signaling a subdued mood as markets show a calm drift rather than major moves.
Goldman Sachs warns that systematic funds (CTAs) may unload up to $80 billion in U.S. equities in the coming weeks, potentially thinning liquidity and amplifying volatility. The cross-asset spillover could pressure Bitcoin, gold and silver as risk-off flows and liquidity conditions deteriorate, with CTAs already signaling selling in major indices and the possibility of further moves if key levels are breached.
After a January spike—gold topping $5,300/oz and silver near $120—prices have stabilized in February, but local coin shops are feeling the squeeze as refinery backlogs slow processing and reduce cash flow; shops are limiting daily buys to manage risk while continuing to serve customers.
Silver’s near-term volatility has exceeded 100% with 11 moves of 5% or more since the start of the year; while major banks warn of short-term risks, they say the long-term fundamentals remain supportive.
Pandora will shift at least half of its silver-based jewelry to platinum plating over the next year to curb exposure to rising silver costs, introducing a platinum-plated line and a metal alloy to keep prices accessible. Platinum has risen less than silver, and the company has hedged most silver exposure for 2026, but tariffs and softness in the U.S. consumer backdrop weigh on earnings as Pandora seeks to preserve its affordable-luxury image.
Silver prices slumped in European trade, with spot silver down about 10% to around $79/oz and March futures near $78.55/oz as a firmer dollar and yield repricing weighed on metal prices. Analysts describe the move as a normalization phase rather than a trend reversal, noting that longer‑term drivers—central‑bank gold demand and silver’s industrial use in solar and grid modernization—remain intact. Traders are eyeing upcoming central‑bank meetings and the US payrolls data, which was delayed to Feb. 11 due to a partial government shutdown.
Gold remains firm after Friday’s historic metals sell-off, with many observers still expecting upside for gold; silver may experience more volatility. UBS cautions that the move reflects normal volatility within a continuing structural uptrend, not the end of the bull market.
Silver extended its volatility, sliding about 11% to around $78.3 per ounce as New York futures fell roughly 8% after a brief rebound; the move follows a near-30% drop last Friday and a record rally earlier in 2025. Analysts say speculative flows, leveraged positions and options-driven trading drove the swings rather than physical demand, with higher margin requirements amplifying the unwinds, while gold also declined about 2%.
A Trump announcement naming Kevin Warsh to lead the Federal Reserve sparked a rapid reversal in gold and silver, with the dollar firming and expectations for tighter policy prompting a swift selloff that erased billions in market value, ending a months-long rally as investors reassessed inflation and policy risk—though longer-term demand from foreign central banks continues to support gold.
Tech shares led a downturn on Wall Street, pulling major indexes lower while gold and silver rebounded, signaling a split between tech sentiment and metals in early February trading.
The Dow dipped after briefly hitting an intraday high while the S&P 500 and Nasdaq slid, Palantir rose on earnings, and gold and silver rebounded as investors await AMD’s results.
Gold and silver rebounded from a dramatic selloff, with spot gold near $4,914/oz and silver around $86.89/oz, as mining stocks and related ETFs rose alongside. Analysts from Deutsche Bank and Barclays suggested the move is driven by short-term catalysts rather than a lasting reversal, while underlying demand drivers—especially for silver in solar and tech applications—remain intact.