Silver Price Boosted by ECB Rate Cut

silver gold bar
From Mike Hammer: The European Central Bank cut their base interest rate today to -0.5% from -0.4%. While this move is supposed to be a stimulus for the economy, analysts disagree on the effect of lowering already-negative yields by point-1 percent.
NYSE:SLV September 12, 2019 10:41am

Will Silver (SLV) Prices Keep Sliding?

silver gold bar
From Mike Hammer: Silver's impressive run-up came to a halt last Thursday when some good news about the US-China trade war hit the Twitterverse. (We've given our opinion on that already, so we'll just move on.) You'll remember our adage about drops hitting 3x as hard as rises - well it wasn't true in this case. The last 3 trading days brought a drop equal to the previous 6 up trading days, so the drop was only 2x as sharp. But for those who bought in during the last few days of the run-up it probably felt 3 times as bad.  Here's the chart for SLV, the most popular unleveraged US ETF for silver.
NYSE:SLV September 10, 2019 11:07am

Levels to watch in the wild silver market

From Andrew Hecht
NYSE:GDX September 5, 2019 10:52am

Silver investors need to watch this key level

From Taylor Dart
NYSE:GLD August 15, 2019 11:36am

Is Silver on the Verge of an Even Bigger Breakout?

silver gold bars
From Mike Hammer: Silver has been on a nice run lately, popping up into a new trading range last week and surviving its first challenge.  But what's next?  There are lots of nice articles out there talking about the factors contributing to the move, but in the end, we trade on price, so let's take a very basic look there.
NYSE:SLV

Will Silver Keep Going Up?

silver gold bars
From Mike Hammer:
NYSE:SLV August 13, 2019 11:04am

Will Silver Continue to Rise? [What to Watch]

silver
From Mike Hammer: Silver exploded on Wednesday, with the benchmark SLV ETF opening 3.1% higher than the Tuesday close. It then peaked at 16.15 before falling back slightly to close at 15.97. The gap up on the chart is quite remarkable.
NYSE:SLV August 8, 2019 10:38am

Why silver investors should continue to be patient

silver
From Daniela Cambone: The silver rally is on its way, but until then, it's like watching paint dry, according to Peter Hug, global trading director for Kitco Metals Inc.
NYSE:SLV June 27, 2019 5:43pm

Silver surges, breaks above the 200-day moving average

silver
From Nick Cawley:

GOLD PRICE/SILVER PRICE, ANALYSIS AND CHARTS.

NYSE:SLV June 20, 2019 2:01pm

What’s preventing silver from breaking out to the upside?

silver bar
From Mike Hammer: Many silver traders are pulling out their proverbial hair over silver's inability to pick a direction. Not that silver traders probably have much hair left at this point... (Supposed to be a joke, and full disclosure: your friendly Gold Enthusiastis balding!)
NYSE:SLV June 18, 2019 2:15pm

The gold/silver ratio is over 90, a level not seen since 1993

silver
From Rajesh Bhayani: The price of silver in comparison to gold is at a 26-year low. This comparison is derived by calculating the ratio of the price of gold to silver. The ratio is the amount of silver that can be bought with one ounce of gold.
NYSE:SLV June 17, 2019 6:27pm

Will silver prices continue to climb?

From Mike Hammer: Precious metals investors were breathing easier yesterday after silver (and gold) popped, continuing the week-long run. Reasons for the pop were many, which just means it was probably about time.
NYSE:SLV June 7, 2019 6:52pm

After gold’s recent rally, analysts are keeping their eyes on silver to follow suit

From Neils Christensen: All eyes are on the gold market after prices pushed to a two-week high at the start of the week, but some market analysts say that the precious metal to watch is silver.
NYSE:SLV June 4, 2019 3:31pm

Why the price of silver could be on the cusp of a major rally

From Chris Vermeulen: The recent rally in Gold got a lot of attention last Friday (the end of May 2019).  We had been warning about this move for the past 8+ months and generated an incredible research post in early October 2018 that clearly highlighted our belief that Gold would peak above $1300 early in 2019, then stall and move toward $1270 near April/May 2019, then begin an incredible upside price rally in June/July/Aug 2019.  We couldn't have been more clear about this prediction and we posted it publically in October 2018.
NYSE:SLV June 3, 2019 2:28pm

Do you know which precious metal has been the weakest in 2019?

From Allen Sykora: Silver is the weakest of the precious metals this year, losing 7% so far in 2019, with little on the horizon to pull it up aside from any bounce in gold, said UBS. "Gold remains a key driver for silver prices, and therefore lackluster price action has mostly been acting as a drag," UBS said. "Investor indifference towards gold is amplified even more in silver."  The gold-silver ratio has climbed above 89, the highest since 1993 and representing an underperformance by silver. "This could ultimately attract interest - at the very least from a relative value perspective - but the bar remains high for silver upside catalysts that could trigger a sharp reversal in the ratio for now," UBS said. "A convincing break higher in gold is likely to revive investors' enthusiasm towards silver, with the view that there's plenty of catching up to do. However, although certain macro factors are looking more supportive for gold here (further decline in rates, weakness in equities), the dollar remains strong and broader conditions still appear insufficient to call for a strong bull run for now." Unlike gold, more than 50% of silver's demand is for industrial uses, meaning exposure to economic activity. "On this front, silver has met challenges given risks to global growth amid higher tariffs and continued trade tensions between the U.S. and China," UBS said. "Base metals have similarly come under pressure. Global sales of semiconductors are down sharply, and our colleagues in equities note high inventories amid slower rate of demand in end markets." Meanwhile, holdings of silver by exchange-traded funds are down by 2%, or 10.95 million ounces, so far in 2019, UBS added.
NYSE:SLV May 30, 2019 3:12pm

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