Ishares Silver Trust ETF News

Your quick wrap-up of the news you need to know about.

Silver (XAG/USD) expands its rally to five straight days following a hot US inflation report that reached levels not seen since the 1980s. At the time

Silver markets have gone back and forth during the course of the trading session on Thursday, after CPI numbers in the United States came out hotter than anticipated.

Kitco News'' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

Silver settled above the resistance at $23.20 and is testing the next resistance level at $23.50.

Read more on https://www.fxstreet.com

Read more on https://www.fxstreet.com

(Kitco News) - Global silver demand is forecast to achieve a record high in 2022, rising 8 percent to 1.112 billion ounces, driven by projected record silver industrial demand as well as physical silver investment demand.

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

Silver markets initially shot higher during the trading session to continue the bullish pressure that we had seen the last couple of days, however we have given back quite a bit of those gains.

Silver was seen oscillating in a range around the $23.15-$23.30 region through the first half of the European session and consolidated its recent gain

Lindsey Jacobellis won the first gold medal for the United States at the Beijing Olympics when she took snowboard cross gold on Wednesday and finally found redemption after her career-defining fail at the Turin Games 16 years ago.

The ceremony to award the Russian team gold, the U.S. silver and Japan bronze was pulled from its scheduled slot at the Winter Olympics in Beijing.

Silver has been trending downwards in the short term after its recent rebound was rejected by the 200-day simple moving average (SMA). However, in the last few daily sessions, the metal has gained traction, crossing above its 50-day SMA and recouping part of its losses. The momentum indicators endorse the likelihood of a sustained recovery [] The post Silver Crosses above 50-SMA as Positive Momentum Strengthens appeared first on Action Forex .

Frances Chloe Trespeuch, 27, was awarded the silver and the bronze went to Canadas Meryeta Odin