Home » Archive by category "Spot Silver Daily News"

Silver futures look set to move higher

Following a long period of sideways consolidation throughout the summer months, silver futures finally broke out of their trading range in mid August and now look set to develop a strong bullish trend over the next few weeks. The breakout initially occurred on the 20th August...

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Spot Silver 18 Nov 2010

Spot silver snapped back higher today reclaiming much of the lost ground of the past few days to trade back above all four moving averages once again at $26.84 at time of writing. The move higher was signalled by yesterday’s hammer candle which followed Tuesday’s...

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Spot silver – 16th November 2010

Friday’s wide spread down candle on the spot silver daily chart was triggered by the fundamental news from China that inflation was continuing to take a firm hold in the Chinese economy, raising fears of a second and subsequent interest rate rise in an attempt...

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Spot Silver 10 Nov 2010

Spot silver achieved our end of year target in spectacular fashion on a hugely volatile day which saw the spot silver price hit a high of $29.34 and a low of $26.46 before closing marginally lower at $27.32 on the day.  This volatile price action...

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Spot Silver 9 Nov 2010

Let’s start with an interesting fact, in the last three days spot silver has gained more than it achieved in an entire 5 year period from 1999 to the end of 2004, a scary fact and one which we we would do well to ponder....

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Spot Silver 8 Nov 2010

The spot silver price surged higher on Friday once again ending as a wide spread up candle which further extended the positive picture following Thursday’s strong move for the commodity.  Indeed Thursday saw a key move as it triggered a break out from the recent...

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Silver Market Analysis

The daily chart for spot silver mirrors that of gold with yesterday’s deep test of the 9 and 14 day moving averages giving us a strong signal of bullish intent which has been duly delivered in today’s silver trading with the metal surging above $26...

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Silver Spot Price Today 29 Oct 2010

The silver spot price continued to recover in yesterday’s silver trading session ending as a relatively narrow spread up candle but one which closed above all four moving averages once again confirming that the recent short term re-tracement for the metal is now over as...

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