- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
iNVEZZ.com reported that after trading unsteadily earlier in the week, silver is now slightly up. However, if it finishes “lower tomorrow on a weekly basis,” it will record its longest downward streak since “the three weeks ended January 31.”
iNVEZZ.com reported that after trading unsteadily earlier in the week, silver is now slightly up. However, if it finishes “lower tomorrow on a weekly basis,” it will record its longest downward streak since “the three weeks ended January 31.”
As quoted in the market news:
On the New York Mercantile Exchange (NYMEX), September silver futures were 16 cents, or 0.5 percent, up at $20.82 as of 08:47 BST. They have declined 0.8 percent so far this month, after gaining more than 11 percent in June.
December futures ‘are in a three-week-old downtrend on the daily bar chart. The bears have the slight near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at last week’s high of $21.21 an ounce. The next downside price breakout objective for the bears is closing prices below major support at $20.00. First resistance is seen at Wednesday’s high of $20.81 and then at this week’s high of $20.91. Next support is seen at Wednesday’s low of $20.55 and then at last week’s low of $20.4,’ writes Jim Wyckoff for Kitco News. In the week to July 29, silver ETF holdings were up 0.28 million ounces to 618.90 million.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.