Commodity Report: Silver Price Forecast: November 2019 [Video]

Phil Carr The Gold & Silver Club

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:

Author

Phil Carr

The Gold & Silver Club

Phil is the co-founder and Head of Trading at The Gold & Silver Club, an international Commodities Trading Firm specializing in Metals, Energies and Soft Commodities.

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