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Tag: Daily
Silver (XAG) Daily Forecast: Supply Deficit of 182M Ounces Expected to Drive Prices Higher in 2024
The report also points to geopolitical instability and weakening fiscal positions as factors increasing silver's appeal. Historical data demonstrates silver's…
Gold (XAU) Daily Forecast: Dollar Stalls, Can Prices Break Above $2,590 Pivot?
Gold – Chart Gold (XAU/USD) is currently trading at $2,585.92, up 0.91% on the day, and is showing signs of…
Silver (XAG) Daily Forecast: Key Support at $30.83 as China’s Policies Weigh on Industrial Silver Demand
Chinese economic policies have increased concerns in the silver market. “Industrial metals such as silver are sensitive to interest rate…
Silver (XAG) Daily Forecast: 42.4% Year-to-Date Surge as Supply Deficit Looms
Industrial demand is responsible for as much as 71% of silver's total production needs, driven by its crucial role in…
Silver (XAG) Daily Forecast: Symmetrical Triangle Signals Indecision as Traders Eye $30.72
Inflation data and dollar strength are weighing on silver The dollar's recent rally has intensified due to sticky US inflation…
Gold (XAU) Daily Forecast: Will $2,571 Pivot Hold Amid Strong Dollar Pressure?
Gold – Chart Gold is trading at $2,560.68, down 0.16% while hovering below the pivot point at $2,571.81, indicating a…
Silver (XAG) Daily Forecast: Can Strong Demand Offset Dollar Pressure Below $30.65?
According to the Silver Institute and Metals Focus, demand for silver in industrial applications is expected to grow 7% year-on-year…
Silver (XAG) Daily Forecast: Demand for Green Tech Can’t Halt Slide, Silver Hits $29.83
Industrial demand for silver, largely driven by solar photovoltaic (PV) technology, is expected to increase 7% year-on-year and reach 700…
Gold (XAU) Daily Forecast: Inflation Data and Fed Speeches Loom Over Gold’s Next Move
The interest on US dollars and government bonds affects the gold price The broad-based strength of the US dollar has…
Silver (XAG) Daily Forecast: Will Resistance at $31 Cap Price Gains?
Global demand driven by green energy, automotive and electronics Global industrial demand for silver is expected to grow by 7%…