Silver Daily Price Recap
Silver entered today at $17.852, up 0.57% ($0.1) from the day prior. Relative to other instruments in the metals asset class, Silver ranked 4th since the day prior in terms of percentage price change. Below is a daily price chart of Silver.
Silver Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Silver’s price has gone up 9 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Silver for the past day were:
- From Eala_Jewellery:
Frabbit cross update 1/2
The silver price increase is causing a substantial price increase. I am also going to get help from a jeweller to polish them due to currently being on maternity leave which also pushes the price up a bit.
I would need to add £10 to each cross……
- From myprecious999:
@Dioclet54046121 @2020Upstream @goldmarketgirl @DebraG_Robins Have lately been wondering whether $silver price movement is more insightful about the future than gold. If silver can break out sustainably above $19 then it’s all roses for gold. Until then something is holding all #preciousmetals back?
- From Investorfok:
@Silver_Watchdog Silver had the best upside because most silver is from base metal mining. When base metal production falls, silver price will rise greater than gold in % terms from investment demand