Silver’s rally picked up pace on Monday, hitting its highest level since late 2011 after last week’s decisive upside breakout. The metal has surged alongside broad-based strength in precious metals, with Palladium reaching its highest since October 2024 and Gold rebounding to a three-week high. Renewed investor interest across the complex suggests increasing demand for […]
The post Silver hits near 14-year high and targest 40 as global flows accelerate appeared first on Action Forex.
Key takeaways Macro risks and policy divergence in focus: Markets are bracing for the Reserve Bank of Australia rate decision, while strong US data reinforces a “higher-for-longer” Fed stance. Meanwhile, escalating US–Iran tensions have pushed Read more…
Key Highlights Gold started a fresh decline below the $4,650 support. A connecting bearish trend line is forming with resistance at $4,610 on the 4-hour chart. WTI Crude Oil regained traction and climbed above $105. Read more…
Gold resumed its near-term slide as tensions in the Strait of Hormuz escalated sharply, after Iran struck multiple vessels and set a UAE oil port ablaze. The developments triggered a fresh surge in oil prices Read more…