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Tag: climbs
Silver Slips Below Support as Gold/Silver Ratio Climbs Toward 71, Opening Door to Potential $50 Test
Silver prices faced renewed selling pressure this week, slipping below last week’s key low of 58.46 to briefly touch 58.39. This latest decline occurred against a backdrop of falling US Treasury yields and a softer US Dollar, a divergence that highlights growing weakness unique to the white metal. While Gold has managed to remain relatively…
U.S. Dollar Climbs to 18-Month High as Bitcoin Holds Firm Around $86,000
Major currencies typically move less sharply than equities or cryptocurrencies, but sudden shifts in global monetary policy, escalating macroeconomic pressures, and shifting investor confidence can trigger explosive movements across traditional financial markets. The U.S. Dollar Index (DXY), which measures the greenback against a basket of six major international currencies, reached roughly 102.5 on Monday morning,…
