CommodityOnline reported that the outlook for silver is still weak and the metal is targeted at $25.
CommodityOnline reported that the outlook for silver is still weak and the metal is targeted at $25.
As quoted in the market news:
COMEX Silver is currently trading around $30 after $33 proved to be a tough resistance. Fundamentally, silver is weak. Investors are shying from betting on silver due to the uncertainty as to the trend of the metal.
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| Commodities | |||
|---|---|---|---|
| Gold | 1852.65 | -1.45 | |
| Silver | 21.47 | -0.06 | |
| Copper | 4.18 | -0.03 | |
| Palladium | 2036.50 | +15.50 | |
| Platinum | 995.00 | +3.50 | |
| Oil | 104.47 | -1.24 | |
| Heating Oil | 3.73 | -0.02 | |
| Natural Gas | 7.53 | -0.11 | |
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