- The price of silver fights to gain significant traction and remains caught in a range.
- The technical configuration favors the bullies and supports the perspectives of greater appreciation.
- Purchases at lower levels around $ 33,00 should help limit any significant corrective fall.
La Plata (XAG/USD) oscillates within a narrow range after good price movements in both directions of the previous day, although it is maintained above the level of 34.00 $ during the Asian session on Tuesday. In addition, the white metal remains close to a maximum of several months, around the 34,60 $ area reached last Friday.
Seeing the broader panorama, the recent strong positive movement observed since the beginning of 2025 has been along an ascending channel. This points to a well -established bullish trend in the short term. In addition, the oscillators in the daily chart remain comfortably in positive territory and are still far from being in the overcompra zone. This, in turn, suggests that the least resistance path for the XAG/USD is upwards.
Therefore, a movement beyond the maximum of the year to date around the 34.60 $ area, towards a new test of a peak of several years near the 34,85 $ region reached in October, it seems like a different possibility. The latter now coincides with the upper limit of the aforementioned trend channel, which if it is exceeded decisively will be seen as a new trigger for the bullies and will establish the scenario for an additional short -term appreciation movement for the XAG/USD.
On the contrary, any corrective setback could continue to attract some buyers at lower levels and remain limited near the minimum of the previous night, around 33.00 $. However, a convincing rupture below could cause some technical sales and drag the XAG/USD to the round figure of 33.00 $, en route to the 32.65 $ region and the level of $ 32.00. The latter represents the lower end of the ascending trend channel and should act as a solid base for the raw material.
Daily graphic silver
FAQS SILVER
Silver is a highly negotiated precious metal among investors. Historically, it has been used as a value shelter and an exchange means. Although it is less popular than gold, operators can resort to silver to diversify their investment portfolio, for their intrinsic value or as a possible coverage during periods of high inflation. Investors can buy physical silver, in coins or bullion, or negotiate it through vehicles such as the funds quoted in the stock market, which follow their price in international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can cause the price of silver to shoot due to its safe refuge status, although to a lesser extent than that of gold. As an asset without performance, silver tends to climb with lower interest rates. Its movements also depend on how the US dollar (USD) behaves, since the asset is quoted in dollars (XAG/USD). A strong dollar tends to maintain the price of silver at bay, while a weaker dollar probably drives rising prices. Other factors such as investment demand, mining – silver supply is much more abundant than gold – and recycling rates can also affect prices.
Silver is widely used in the industry, particularly in sectors such as electronics or solar energy, since it has one of the highest electrical conductivities of all metals, surpassing copper and gold. An increase in demand can increase prices, while a decrease tends to reduce them. The dynamics in US economies, China and India can also contribute to price fluctuations: for the US and particularly China, its large industrial sectors use silver in several processes; In India, the demand for consumers for precious metal for jewelry also plays a key role in pricing.
Silver prices tend to follow gold movements. When gold prices go up, silver typically follows the same path, since their status as shelter is similar. The gold/silver ratio, which shows the number of ounces of silver necessary to match the value of an ounce of gold, can help determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that silver is undervalued, or that gold is overvalued. On the contrary, a low ratio could suggest that gold is undervalued in relation to silver.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
