Outperforming gold! Is silver the biggest winner among csi commodity equity index at the end of September?
In September, silver has accumulated nearly a 10% increase, outperforming gold, and the price has climbed to a near twelve-year high. Analysis points out that due to supply shortages and the rebound in industrial demand, silver is expected to usher in a second wave of upward momentum. Recently, silver funds have seen a surge in long positions, and Goldman Sachs predicts that silver will start a "chasing trade".
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Soaring Debt and Deficits Are Investors' Biggest Portfolio Risk - SA Sentiment Survey
The global asset report card for the first half of the year is released! Technology stocks in the US performed well, with silver taking the top spot.
In the first half of 2024, silver generated the strongest return among global assets.
Silver prices have suddenly fallen in the short term! How will silver perform next? FXStreet analysts' latest technical analysis of silver prices.
During Tuesday's Asian market trading, spot silver suddenly fell rapidly in the short term. Currently, the silver price is near $29.25 per ounce, plummeting 1% intraday. FXStreet analyst Christian Borjon Valencia pointed out that the technical outlook indicates a 'put-swallowing' pattern that began last week, and the relative strength index (RSI) shows bearish momentum.
Silver Price Analysis: Closes in on Key Support, Uptrend Still Intact