Silver prices hit a one-week high on Tuesday as traders hedged against geopolitical uncertainty in the Middle East and the pending impeachment trial of President Donald Trump.

We have strong support between $17.60 and $17.85, prices are rebounding on this level, confirming strong investor appetite for silver n this range.

Investors will now keep a close eye on the European Central Bank's first policy meeting of the year on Thursday, while the Fed's first meeting is scheduled for Jan. 28-29. 

Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Silver with the latest price forecast and predictions:

 

Trading has large potential rewards, but also large potential risk and may not be suitable for all investors. The value of your investments and income may go down as well as up. You should not speculate with capital that you cannot afford to lose. Ensure you fully understand the risks and seek independent advice if necessary.

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