The silver market reflected strong underlying strength this week in overcoming short-term speculators. This is in part due to economic factors. Monday opened at $16.57, and light selling sent silver prices to $16.51 at the close. The opening bell bid on Tuesday was $16.43, which buying brought to a close of $16.51. Aftermarket selling resulted in a… Read more »
Silver Price News
In addition to our popular weekly recap posts on gold price shifts, we also cover the weekly price movements of silver. Silver often follows the price movements of gold, but with a distinct price point and varying influential factors, the price of silver is unique in the precious metals market, making these timely posts relevant and useful for anyone interested or invested in silver.
Complete with a visual spot silver price chart, each weekly recap post covers the major news that has impacted the price of silver during the past week. Posted on Monday, this recap highlights the day-by-day changes in the silver price, along with the factors that caused the movement, including global market shifts, supply and demand, the trajectory of gold, and more. Plug into this valuable resource to stay up-to-date on your weekly silver news.
Silver prices stayed close to the $17 threshold last week. Aftermarket trading caused a small uptick in silver prices on Monday morning, but selling sent the price to $16.97 by the close. The ongoing action resulted in Tuesday’s opening of $16.74. Some of this price was recovered as the market prepared for the report from the… Read more »
Silver prices stayed above the $17 an ounce threshold last week. The silver price quote was $17.59 at the start of Monday trading, peaking to $17.61 before closing at $17.55. After-market buying added 17 cents to the Tuesday opening of $17.72, which was also the closing bid for the day. Wednesday morning saw live silver… Read more »
Silver prices today reflect the white metal’s strong performance in the markets last week. Monday opened at $17.38 an ounce and closed two cents up at $17.40. The price of silver was the same at the open and close of the markets on Tuesday: $17.37. Trading took a similar pattern on Wednesday, with the price… Read more »
Strong interest in silver carried prices from the opening of $17.11 to the close of $17.20 an ounce on Monday. Afterhours buying contributed to a Tuesday opening of $17.26 before profit taking sent the price of silver to $17.07 at the close. The silver markets opened a cent down on Wednesday at $17.06, but buying… Read more »
Silver is essential to numerous technology applications. One of the newest trends shaping the silver market is “wearable technology.” Thanks to ongoing advances in microcircuitry, scientists and fashion designers are teaming up to use silver in novel and exciting ways that are contributing to demand for the white metal. 1 Biometrics The new wearable products and clothing… Read more »