Commodity Report: Silver Price Forecast: November 2019 [Video]
|Silver fell 0.1% to $17.52 per ounce on Tuesday, having touched its lowest since Oct. 24 but found support on Wednesday as a rally in equities stalled and the outcome of U.S.-China trade talks looked uncertain again.
Traders now await new developments on the talks after reports that China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a "phase one" trade deal.
Meanwhile hedge funds and money managers increased their bullish positions in COMEX silver contracts in the latest week.
Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Silver with the latest price forecast and predictions:
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.