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SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are posting decent corrective advances in early-afternoon U.S. trading Wednesday, following the just-released FOMC statement from the Federal Reserve that contained no big surprises to move the markets. June gold was last up $13.00 at $2,315.70.

Kitco 2024 May 01
SLV Stock News Image - Kitco

(Kitco News) - Silver is finding some solid support after being dragged down by gold's sharp two-week selloff; however, some analysts have said that investors should not rule out potentially lower prices in the near term.The silver market shone bright for a brief period, rising to a two-year high to nearly $30 an ounce as gold prices pushed to record highs above $2,400 an ounce, but the selloff in the last two weeks has taken its toll on the white metal.June silver last traded at $26.50 an ounce, down 11% from its recent highs. In traditional fashion, silver has also underperformed gold as the yellow metal is down roughly 6% from its all-time highs.The gold-silver ratio is trading at 87 points, sharply higher than its recent lows below 82.Alex Kuptsikevich, Senior Market Analyst at FxPro, said the selling pressure has created significant technical damage in silver price action.

Kitco 2024 May 01
SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are posting modest, corrective price advances in early U.S. trading Wednesday, following this week's sharp losses. Many markets are in pause modes ahead of this afternoon's conclusion of the FOMC meeting.

Kitco 2024 May 01
SLV Stock News Image - See It Market

Silver is pulling back sharply and it's worth noting in the context of the broader market and trading or portfolio setups. But before getting into that, it's worth noting that not much has changed in the world of inflation predictions.

See It Market 2024 Apr 30
SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are sharply lower and near their daily lows in midday U.S. trading Tuesday. Gold hit a three-week low and silver a four-week low.

Kitco 2024 Apr 30
SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are sharply lower in early U.S. trading Tuesday. The precious metals are feeling the pressure of a likely hawkish major central bank meeting that gets under way in just a couple hours.

Kitco 2024 Apr 30
SLV Stock News Image - Kitco

(Kitco News) – Contradictory economic indicators are exerting equal and opposing forces on gold prices, while silver gains production in one region only to risk losing it in another, according to precious metals analysts at Heraeus.

Kitco 2024 Apr 29
SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are slightly higher in midday U.S. trading Monday. Trading is quieter to start the work week, as market participants are bracing for a very busy week for big U.S. economic data that will almost surely significantly move the markets.

Kitco 2024 Apr 29
SLV Stock News Image - Kitco

(Kitco News) - Gold and silver prices are a bit higher in early U.S. trading Thursday. Bulls are working to put an end to the present downside price corrections in the two precious metals.

Kitco 2024 Apr 25
SLV Stock News Image - Kitco

(Kitco News) - There's a reason why Chinese industrial companies are stockpiling copper, said Paul Cronin, managing director and CEO of Adriatic Metals.

Kitco 2024 Apr 24
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