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 | |||
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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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