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140 haber
OCBC’s Christopher Wong highlights a strong Silver rally, up over 7% and breaking the 83–84 resistance zone in what looks like a cleaner technical breakout. He attributes the move to momentum, short-covering, structural tightness and positioning ahead of Trump–Xi talks.
Silver (XAG/USD) accelerates its reversal in the early European session on Tuesday, trading at $84.80 at the time of writing, after rejection at two-month highs right above $87.00 earlier in the day.
Silver price (XAG/USD) holds onto its almost week-long rally to near $86.50 during the Asian trading session on Tuesday. The white metal trades firmly even as oil prices are broadly stable amid fears that military actions between the United States (US) and Iran could resume.
Silver price rallies over 7% on Monday, clearing key technical resistance at $83.05 ─the April 17 daily high, and also the $85.00 psychological figure, which opened the door towards the $86.00 per troy ounce handle.
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data. Silver trades at $80.29 per troy ounce, broadly unchanged 0.08% from the $80.35 it cost on Friday.
Silver price (XAG/USD) gains ground for the fourth consecutive day, trading around $80.40 per troy ounce during the European hours on Monday.
Silver price (XAG/USD) extends its winning streak for the fourth successive day, trading around $80.70 per troy ounce during the Asian hours on Monday.
Silver price (XAG/USD) rises to near $81.50 during the early Asian trading hours on Monday. The white metal extends the rally amid rising demand from industrial applications. Traders will closely monitor the developments surrounding the US-Iran peace deal for fresh impetus.
Silver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Silver (XAG/USD) extends its bullish momentum on Friday, trading around $80.85 at the time of writing, up 3.15% on the day.
Silver price (XAG/USD) is up 2.6% to near $80.50 during the early European trading session on Friday.
Silver (XAG/USD) attracts fresh buyers following an Asian session dip to sub-$78.00 levels and stalls the previous day's late pullback from a nearly three-week high. The white metal climbs back above the $80.00 psychological mark in the last hour and remains on track to register strong weekly gains.
Silver (XAG/USD) extends its strong rally on Thursday, with the white metal trading around $80.60 at the time of writing, up 4.19% on the day. XAG/USD is reaching fresh multi-week highs, supported by lower Oil prices, declining US Treasury yields and broad weakness in the US Dollar (USD).
Silver (XAG/USD) keeps rallying on Thursday, with precious metals buoyed by lower Treasury yields amid a pullback in oil prices that has eased bets on US Federal Reserve (Fed) rate hikes.
Silver (XAG/USD) appreciates for the second consecutive day on Thursday, with precious metals buoyed amid lower Treasury yields, as the decline in Oil prices has eased bets on US Federal Reserve (Fed) rate hikes.
Silver price (XAG/USD) rises for the second successive day, trading around $77.90 per troy ounce during the Asian hours on Thursday.