{"id":134430,"date":"2024-10-14T10:29:27","date_gmt":"2024-10-14T10:29:27","guid":{"rendered":"https:\/\/kinesis.money\/?p=134430"},"modified":"2024-10-14T10:30:12","modified_gmt":"2024-10-14T10:30:12","slug":"silver-seeking-economic-stimulus","status":"publish","type":"post","link":"https:\/\/kinesis.money\/es\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/","title":{"rendered":"Silver Price News: Silver Seeking Economic Stimulus"},"content":{"rendered":"\n

Silver staged something of a recovery at the end of last week, despite continued weakness in growth indicators and the US dollar and rate headwinds noted in today\u2019s gold commentary. <\/p>\n\n\n\n

However, we note that the medium-term US rate environment remains largely unchanged during the week, with the US 2-Year Treasury yield hovering around 4%. <\/p>\n\n\n

\n
\"kinesis
KAG\/USD 1-hourly Kinesis Exchange<\/figcaption><\/figure>\n<\/div>\n\n\n

The market is still digesting the implications of a Chinese stimulus package, with their Minister of Finance suggesting that further fiscal (budgetary) support for the domestic economy might be forthcoming. However, details remain frustratingly scarce. Meanwhile, global economic momentum has improved, led by the US, but on balance remains disappointing, particularly in the Euro Zone. Silver starts this week trading around $31.5\/toz.<\/p>\n\n\n\n

The most recent CFTC Commitments of Traders (CoT) report published late on Friday suggests that silver speculators slightly trimmed their net long futures positions over the previous week. These now lie c.12% below the 55-month high seen at the end of September, though still consistent with the elevated net long levels seen over the last six months. Conversely, physical silver ETFs\/ETCs appear to have seen net inflows at the start of last week, perhaps triggered by bargain-hunting when silver slipped below $31\/oz.<\/p>\n\n\n\n

Silver is currently negotiating minor descending oblique resistance at $31.48\/oz and the 23.61% Fibonacci retracement of the 9 September- 4 October uptrend at $31.72\/oz. Beyond this remains strong horizontal resistance at $32.06\/oz and minor ascending oblique resistance at $33.74\/oz. Tentative support is offered by the 20-day Simple Moving Average at $31.34 \/oz, the 38.2%\/to Fibonacci retracement level at $30.95\/oz and the 50% retracement level at $30.33\/oz. Major ascending and major descending oblique support is offered at $29.51\/oz and $29.03\/oz, respectively. Momentum is weak but improving.<\/p>\n\n\n\n

Monday sees publication of the OPEC Monthly Report while Tuesday brings the ECB Bank Lending Survey, August Euro Zone Industrial Production and October Euro Zone Economic Sentiment Index.<\/p>\n\n\n\t\t\t

\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t

Mike<\/a> is a market strategist and media commentator with 30 years of experience analysing precious metals markets.\u00a0\u00a0\u00a0He developed his expertise working as an investment banker in emerging markets such as South Africa, Russia and Chile. His focus on precious metals was extended through subsequent work within private wealth management and his own research consultancy.\u00a0\u00a0\u00a0During this time, he covered the gold, silver, platinum and palladium markets.<\/em><\/p>\n

This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.<\/em><\/p>\n

Read our Editorial Guidelines\u00a0here.<\/a><\/em><\/p>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"

Silver staged something of a recovery at the end of last week, despite continued weakness in growth indicators and the US dollar and rate headwinds noted in today\u2019s gold commentary. However, we note that the medium-term US rate environment remains largely unchanged during the week, with the US 2-Year Treasury yield hovering around 4%. The […]<\/p>\n","protected":false},"author":51,"featured_media":134446,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[214],"tags":[],"class_list":["post-134430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-silver-news"],"acf":[],"yoast_head":"\nSilver Price News: Silver Seeking Economic Stimulus - Kinesis<\/title>\n<meta name=\"description\" content=\"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver Price News: Silver Seeking Economic Stimulus\" \/>\n<meta property=\"og:description\" content=\"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/\" \/>\n<meta property=\"og:site_name\" content=\"Kinesis\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-14T10:29:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-14T10:30:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"529\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Ingram\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Ingram\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/\"},\"author\":{\"name\":\"Mike Ingram\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/589c930415cb13add9bd2be349d91f61\"},\"headline\":\"Silver Price News: Silver Seeking Economic Stimulus\",\"datePublished\":\"2024-10-14T10:29:27+00:00\",\"dateModified\":\"2024-10-14T10:30:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/\"},\"wordCount\":319,\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/silver-news-feature-silver-seeking-economic-stimulus.jpg\",\"articleSection\":[\"Silver News\"],\"inLanguage\":\"es\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/\",\"url\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/\",\"name\":\"Silver Price News: Silver Seeking Economic Stimulus - Kinesis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/silver-news-feature-silver-seeking-economic-stimulus.jpg\",\"datePublished\":\"2024-10-14T10:29:27+00:00\",\"dateModified\":\"2024-10-14T10:30:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/589c930415cb13add9bd2be349d91f61\"},\"description\":\"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#primaryimage\",\"url\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/silver-news-feature-silver-seeking-economic-stimulus.jpg\",\"contentUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/silver-news-feature-silver-seeking-economic-stimulus.jpg\",\"width\":960,\"height\":529,\"caption\":\"mike ingram kinesis market analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-seeking-economic-stimulus\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/kinesis.money\\\/es\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Silver Price News: Silver Seeking Economic Stimulus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\",\"url\":\"https:\\\/\\\/kinesis.money\\\/\",\"name\":\"Kinesis\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/kinesis.money\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/589c930415cb13add9bd2be349d91f61\",\"name\":\"Mike Ingram\",\"description\":\"Mike is a market strategist and media commentator with 30 years of experience analysing precious metals markets. He developed his expertise working as an investment banker in emerging markets such as South Africa, Russia and Chile. His focus on precious metals was extended through subsequent work within private wealth management and his own research consultancy. During this time, he covered the gold, silver, platinum and palladium markets as well as companies such as Harmony Gold, Polymetal International, Goldfields Anglo-American, Anglo-American Platinum, Impala Platinum, AngloGold, Lonmin, Gencor, Polyus Gold, Norilsk Nickel, KGHM, Fresnillo and Codelco. His work today focuses on precious metals through a multi-asset investment framework, blending company and economic analysis. Mike is a regular contributor across a range of high-profile media outlets, including Bloomberg, Reuters, BBC, CNBC, CBS, ABC, The Financial Times, Investor\u2019s Chronicle, Portfolio Advisor, Citywire and The Wall Street Journal. He has made notable guest appearances on the BBC, Channel 4, Reuters, Bloomberg, CNBC, Sky TV, ABC, CBS, Fox Business, Al Jazeera, AP, NTV, France 24, TRTs, and ZDF.\",\"url\":\"https:\\\/\\\/kinesis.money\\\/es\\\/author\\\/mikeingram\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Silver Price News: Silver Seeking Economic Stimulus - Kinesis","description":"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"es_ES","og_type":"article","og_title":"Silver Price News: Silver Seeking Economic Stimulus","og_description":"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.","og_url":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/","og_site_name":"Kinesis","article_published_time":"2024-10-14T10:29:27+00:00","article_modified_time":"2024-10-14T10:30:12+00:00","og_image":[{"width":960,"height":529,"url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","type":"image\/jpeg"}],"author":"Mike Ingram","twitter_card":"summary_large_image","twitter_description":"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.","twitter_misc":{"Escrito por":"Mike Ingram","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#article","isPartOf":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/"},"author":{"name":"Mike Ingram","@id":"https:\/\/kinesis.money\/#\/schema\/person\/589c930415cb13add9bd2be349d91f61"},"headline":"Silver Price News: Silver Seeking Economic Stimulus","datePublished":"2024-10-14T10:29:27+00:00","dateModified":"2024-10-14T10:30:12+00:00","mainEntityOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/"},"wordCount":319,"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","articleSection":["Silver News"],"inLanguage":"es","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/kinesis.money\/#organization"}},{"@type":"WebPage","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/","url":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/","name":"Silver Price News: Silver Seeking Economic Stimulus - Kinesis","isPartOf":{"@id":"https:\/\/kinesis.money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#primaryimage"},"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","datePublished":"2024-10-14T10:29:27+00:00","dateModified":"2024-10-14T10:30:12+00:00","author":{"@id":"https:\/\/kinesis.money\/#\/schema\/person\/589c930415cb13add9bd2be349d91f61"},"description":"Discover Kinesis' gold price news analysis for today, Monday 14th of October 2024, from leading precious metals analyst Mike Ingram.","breadcrumb":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#primaryimage","url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","contentUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","width":960,"height":529,"caption":"mike ingram kinesis market analysis"},{"@type":"BreadcrumbList","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-seeking-economic-stimulus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kinesis.money\/es\/"},{"@type":"ListItem","position":2,"name":"Silver Price News: Silver Seeking Economic Stimulus"}]},{"@type":"WebSite","@id":"https:\/\/kinesis.money\/#website","url":"https:\/\/kinesis.money\/","name":"Kinesis","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kinesis.money\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Person","@id":"https:\/\/kinesis.money\/#\/schema\/person\/589c930415cb13add9bd2be349d91f61","name":"Mike Ingram","description":"Mike is a market strategist and media commentator with 30 years of experience analysing precious metals markets. He developed his expertise working as an investment banker in emerging markets such as South Africa, Russia and Chile. His focus on precious metals was extended through subsequent work within private wealth management and his own research consultancy. During this time, he covered the gold, silver, platinum and palladium markets as well as companies such as Harmony Gold, Polymetal International, Goldfields Anglo-American, Anglo-American Platinum, Impala Platinum, AngloGold, Lonmin, Gencor, Polyus Gold, Norilsk Nickel, KGHM, Fresnillo and Codelco. His work today focuses on precious metals through a multi-asset investment framework, blending company and economic analysis. Mike is a regular contributor across a range of high-profile media outlets, including Bloomberg, Reuters, BBC, CNBC, CBS, ABC, The Financial Times, Investor\u2019s Chronicle, Portfolio Advisor, Citywire and The Wall Street Journal. He has made notable guest appearances on the BBC, Channel 4, Reuters, Bloomberg, CNBC, Sky TV, ABC, CBS, Fox Business, Al Jazeera, AP, NTV, France 24, TRTs, and ZDF.","url":"https:\/\/kinesis.money\/es\/author\/mikeingram\/"}]}},"post_thumbnails":{"large":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-news-feature-silver-seeking-economic-stimulus.jpg","small":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/10\/silver-square-silver1-mon.jpg"},"_links":{"self":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts\/134430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/comments?post=134430"}],"version-history":[{"count":0,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/posts\/134430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/media\/134446"}],"wp:attachment":[{"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/media?parent=134430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/categories?post=134430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kinesis.money\/es\/wp-json\/wp\/v2\/tags?post=134430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}