Silver May 24 (SI=F)
| Pre. Settlement | N/A |
| Settlement date | 2024-05-29 |
| Open | 27.480 |
| Bid | 27.000 |
| Last price | 27.353 |
| Day's range | 27.090 - 27.745 |
| Volume | |
| Ask | 27.400 |
- Yahoo Finance Video
Why silver prices have 'two different personalities': Analyst
Both silver (SI=F) and gold (GC=F) have seen their prices soar amid uncertainty in the Federal Reserve's policy decisions and ongoing geopolitical conflicts. Will silver's run continue or is this just an anomaly? Deutsche Bank Research Analyst Michael Hsueh joins Wealth! to give insight into the silver market and what investors can expect for the future of the commodity. Hsueh explains how Silver works in trading: "It has two different personalities, right? One is as gearing to the global manufacturing cycle, and two, is as a sensitivity to gold, usually with a beta that's above 1. Right now, with the global manufacturing cycle, not really doing a whole lot. I think in the US certainly, we've kind of troughed in the mid-cycle slowdown, in, over the course of '22 and mid 2023, and now we're in a very shallow recovery from that. But I think broad picture on the manufacturing cycle is not a very strong input to the silver price at the moment... Right now, it seems to be the sensitivity to gold that is really dominating silver at the moment." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Yahoo FinanceGold has been hitting record highs — why there's a bullish case for silver too
Silver bulls point to the industrial use of the metal as one of the catalysts expected to push prices higher.
- Yahoo Finance Video
Gold prices fall from record high while US dollar rises
Gold prices (GC=F) are retreating from their recent record highs during Friday's trading session, as the US dollar (DX=F) experiences its biggest weekly jump. Yahoo Finance's Jared Blikre and Josh Lipton break down the details, offering key context for the gold rally and the factors contributing to its volatility. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
