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Spot Silver – Daily Silver Price Chart 1st May 2009

In percentage terms spot silver prices were hit harder yesterday than gold, on a combination of technical selling and investors rediscovering their appetite for risk by moving back into the equity market.  Although silver prices managed to recoup some of these early losses as the...

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Spot Silver – Silver Price Chart 22nd April 2009

Just as yesterday’s fantastic football match between Liverpool and Arsenal ended in a draw with 4 goals apiece, this was much like the struggle between the bulls and bears in the silver market, which also ended unresolved, despite equity markets turning higher in late trading. ...

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Spot Silver Price – Silver Chart 20th April 2009

The sell off in the stock market prompted in part by fresh worries about the banking sector spooked investors and prompted yesterday’s  rise in the spot silver price. The move was significant given the strength of US dollar.  From a technical perspective yesterday’s up bar...

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Spot Silver – Daily Chart 7th April 2009

Spot silver prices followed the price of gold lower yesterday, ending the day with a wide spread down bar, breaking well below the previous technical support level of $12.65, and with all three moving averages now adding to the bearish picture. As outlined in yesterdays...

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Silver Prices – 1st April 2009

Spot silver prices finished the day lower yesterday, closing below all three moving averages and with long wicks both above and below the body of the candle, with silver prices now approaching an area of strong support on the silver chart. Silver started the day...

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