Precious metals news

Silver rallied a bit during the early hours on Tuesday to fight back against the massive selling pressures of Monday.

Sharp Falls in Precious Metals Resume; Stocks in Orderly Decline; FOMC Minutes Show Fed Divided on Rate Cuts Scope; US Dollar Gains; South African Rand Hits 3-Year High; Iranian Rial Reaches Record Low

Bitcoin price remained in a tight range on the final trading day of the year, capping a year in which it underperformed other assets like gold and the stock market. The BTC/USD pair was trading at 88,340, down by 30% from its highest level this year.

This is turning out to be a massive engulfing bearish candlestick that could create more selling, and if we drop below $70, I think things could get ugly quickly.

Gold dropped rather quickly during the trading session on Monday, as it looks like the chaos in the silver market is starting to influence what is going on over here as well.

Sharp Drops in Minor Precious Metals Yesterday: Silver <-9%, Platinum <-13%, Palladium <-16%, Potential Trend End; Gold Drops Moderately; All Precious Metals Make Minor Recoveries Today

Gold remains firmly in bullish territory near all-time highs, supported by US dollar weakness, rising geopolitical risks, and expectations of future Fed rate cuts.

Silver extends its parabolic rally amid low liquidity, with strong demand intact but growing risks of sharp corrective pullbacks.

Gold continues to attract buyers despite thin holiday trading, with strong momentum and central bank demand supporting further upside toward $5,000.

Silver <-4%, Platinum <-5%, Palladium <-10%, Potential Trend End; Gold Drops Moderately; Copper Shoots to New High; S&P 500 Index Makes Weak Record High Friday

A quit Christmas holiday period was marked by wild gains and new record highs in precious metals

Weekly analysis of gold, silver, Bitcoin, Nasdaq and major forex pairs to help traders anticipate key market movements.

Silver stays in a strong bullish trend with elevated volatility, as the $70 level acts as key support and short-term pullbacks favor dip buyers.

Gold remains strongly bullish after record highs above $4,500, supported by geopolitical risks and rate-cut hopes, with limited selling pressure despite holiday