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Tag Archives: Silver

Video: Weekly Commodity Forecast – Gold, Silver, Platinum for January 11-15, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, and platinum for the week of January 11–15, 2021. He starts the video by discussing the recent moves of the metals and what fundamental factors were affecting them, as well as what factors will be affecting markets in the future. Phil then turns to technical analysis, showing charts...

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Commodities Week in Review: January 4 to January 8

Commodities Week in Review: January 4 to January 8 Agriculture  Agricultural commodities were a mixed bag during the first trading week of 2021 as a strengthening US dollar weighed on many crops. But output levels and tighter inventories supported agricultural products, like corn and soybeans. After a roaring 2020, can the broader agriculture market continue the momentum in 2021? Cocoa  Friday Settlement: -$12.00, or 0.48%, to $2,504 per metric ton Weekly Performance: -3.58% YTD Performance:...

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Video: Silver Price Analysis for January 2021 – Silver Price to Skyrocket in January?

In the present video, David Jones from Capital.com provides his forecast for silver in January 2021. He starts the video by talking about the recent rally of silver, which resulted in a 20% gain since the end of November to the highest level since September. David explains the reasons for the rally and talks about factors that will influence the metal in the future. Next, he lists...

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Video: Weekly Commodity Forecast – Gold, Silver, Platinum, Palladium for January 4-8, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, platinum, and palladium for the week of January 4, 2021. He starts the video by talking about how good December was for precious metals, also mentioning that 2020 was one of the best years for commodity traders on record. Phil explains what factors were driving the commodities during the past months...

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Commodities Week in Review: December 28 to January 1

Commodities Week in Review: December 28 to January 1 Agriculture  Despite being relatively quiet in the broader financial markets, agricultural commodities continued to end 2020 on a high note, adding to their annual totals. The commodities market has had its best yearly performance in about six years, thanks to a mix of a weakening US dollar, strong fundamentals, and a coronavirus pandemic that has enhanced demand. The consensus is that agriculture will have an even stronger 2021 due...

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Gold Retests $1,900, Silver Soars on Inflation Woes, Weaker US Dollar

Gold and silver futures are rising to start the holiday-shortened trading week, buoyed by the potential inflation fallout after President Donald Trump signed the latest round of coronavirus stimulus and relief package. This led to greater risk appetite in the broader financial markets, weakening the greenback and making metal commodities cheaper for foreign investors. February gold futures rose $13.20, or 0.7%,...

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Commodities Week in Review: December 21 to December 24

Commodities Week in Review: December 21 to December 24 Agriculture  US agriculture had another strong weekly performance, despite a rising US dollar. The agricultural commodities market was looking to build on its overall momentum this year in the home stretch of 2020, buoyed by strengthening foreign demand and declining output and supplies at home and abroad. Investors are betting on a repeat performance...

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Commodities Week in Review: December 14 to December 18

Commodities Week in Review: December 14 to December 18 Agriculture  Strengthening demand, a weaker US dollar, and potential supply issues contributed to agriculture’s impressive week. The biggest news in the agricultural sector was China’s ballooning consumption for soybeans, which allowed the crop to climb to its best level since early 2014. Wheat also captured international headlines for Russia slapping a tax...

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Commodities Week in Review: December 7 to December 11

Commodities Week in Review: December 7 to December 11 Agriculture Gains in the agricultural commodities market were mixed this week, potentially because of a greenback. The US Dollar Index, which measures the greenback against a basket of currencies, rose 0.3% this week. A stronger buck is bad for dollar-pegged commodities because it makes it more expensive for foreign investors to purchase. Despite the subdued week,...

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Metals Trade in Red Ahead of ECB Monetary Policy Meeting

Metals logged losses today, with copper managing to keep the fall very small, while precious metals demonstrating a very significant decline. There were several possible reasons for the decline. Optimism about the coronavirus vaccine limited demand for precious metals in their safe-haven capacity, while industrial metals suffered from a report that China fell into deflation unexpectedly. The US dollar firmed on the back...

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