silver Archives - CLOFRANIL

Value Erosion Continues for Gold, Silver as Crude Oil Collapses, Dollar Rises

July 6, 2022 by Athena

Editor’s Note: With so much market volatility, stay up to date with the news! Catch up with our quick recap of today’s must-read news and expert opinion. Sign up here! (Kitco News) – Yellow is under strong selling pressure and silver is slightly lower in midday US trading on Wednesday. Gold hit an 8.5-month low … Read more

Gold plunges resulting in huge technical chart harm

July 6, 2022 by Athena

As a direct consequence of the strong US dollar gold price plummeted today leading to major technical chart damage. The dollar has gained significant value in the past two weeks, however, long-term studies show that the dollar has been on a bullish trajectory since early 2021 when the dollar index was fixed at 90 . … Read more