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  • 17 hours ago
The downturn in silver prices appears to be continuing. Analysis from Reuters reveals that silver has decreased by approximately 50% since its peak in January and has fallen by over a third relative to gold. This trend was exacerbated when market expectations for cuts in Federal Reserve interest rates were lowered, while inflationary concerns stemming from the conflict in Iran have raised apprehensions about potential U.S. interest rate increases. Silver, affected more significantly due to its reliance on industrial demand and prior price gains, is now under scrutiny as traders evaluate whether gold's dominance over silver will persist, potentially reaching the critical 70 mark.
Transcript
00:00Silver is under pressure again, and Reuters chart analysis suggests it could lose even
00:04more ground to gold. Silver has now lost roughly half its value since reaching a record high
00:10in January. It has also dropped by more than a third against gold. The sell-off began after
00:15markets started doubting whether the Federal Reserve would cut interest rates. Then, inflation
00:21fears linked to the Iran war added more pressure. That raised expectations that U.S. rates could
00:26stay higher, or even rise. Silver was hit harder than gold because it is also an industrial
00:32metal. That makes it more sensitive when investors pull back from risk. The key chart signal is
00:38the gold-to-silver ratio. Reuters says gold has broken above its 200-day moving average
00:44against silver. The next major-level traders are watching is 70. If gold pushes beyond that,
00:50silver could face another wave of weakness. For now, the market message is clear.
00:56Silver's comeback depends on whether it can stop gold's momentum.
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