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Spot Silver Daily Chart – 24th March 2009

Spot silver held its ground better than gold prices yesterday,  finishing the day marginally lower, losing 8 cents to settle at $13.712/oz. The move was largely influenced by the Public – Private Investment Program announced by the Treasury which aims to restore a measure of...

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Spot Silver Chart – 18th March 2009

Yesterday’s wide spread down candle reinforced the bearish tone that we have been seeing in the last few days, closing below all three moving averages, and following the trend in spot gold prices. The key area for today will be the support level immediately below...

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Silver Prices Today – 17th March 2009

Following Friday’s solid move higher through all three moving averages, yesterday’s silver chart was disappointing, with the candle opening gapped down on Friday’s close, then failing to hold the high of the day, and finally settling back into the congestion of the moving averages once...

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Spot Silver Chart – 16th March 2009

Unlike spot gold which retraced from the intraday highs, spot silver managed to hold onto its gains on Friday, closing the day with a wide spread up bar which finished above all three moving averages.  Despite this we have seen the price of silver open...

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Spot Silver Prices – 2nd March 2009

Like spot gold, spot silver prices moved higher in early trading only to fall in afternoon trading finishing the day marginally lower and dipping below $13.00 level again. Once again, the main driver was the troubled financial sector within the stock market which in turn...

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Spot Silver Price Continues to Climb

Following spot gold on a flight to quality buying, spot silver also reached a new recent high at $14.610/oz after an initial dip just below $14.00 level. In percentage terms the white metal has even outperformed gold which is often the case ( as I...

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