{"id":142034,"date":"2024-11-20T16:27:43","date_gmt":"2024-11-20T16:27:43","guid":{"rendered":"https:\/\/kinesis.money\/?p=142034"},"modified":"2024-11-20T16:27:49","modified_gmt":"2024-11-20T16:27:49","slug":"silver-rebounds-two-month-low","status":"publish","type":"post","link":"https:\/\/kinesis.money\/it\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/","title":{"rendered":"Silver Price News: Silver Rebounds from Two-Month Low"},"content":{"rendered":"\n

Silver prices briefly spiked higher to a one-week high on Tuesday, lifted by strengthening gold prices, although prices drifted later in the session to pare the day-on-day gains.<\/p>\n\n\n\n

Prices hit an intraday high of $31.64 an ounce on Tuesday, up from around $31.20 an ounce in late trades on Monday.<\/p>\n\n\n\n

\"silver
Silver KAG\/USD – 1hr view – Kinesis Exchange<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

Silver\u2019s initial strength came as gold prices rebounded from a two-month low on Tuesday, lifted by a weaker US dollar and safe haven interest as the markets were spooked by Ukraine\u2019s use of US-supplied longer-range missiles against targets in Russia. However, silver gave up the earlier gains to trade at just above $31.30 an ounce later on Tuesday afternoon.<\/p>\n\n\n\n

Prices fall back from 12-year high<\/h2>\n\n\n\n

Silver prices hit a 12-year high in late October, but have since lost ground, falling to their lowest for two months as markets scaled back bets on upcoming interest rate cuts by the major economy central banks. Nevertheless, the markets are pricing in a roughly 60% probability of a 25-basis-point cut by the US Fed in mid-December.<\/p>\n\n\n\n

Technical analysis<\/h2>\n\n\n\n

On the technical charts, silver\u2019s action on Tuesday shows that the price has moved back up above rising oblique minor support at $30.76 an ounce and is still some way below its 20-day moving average at $32.13 an ounce. In addition, a Fibonacci analysis of the August-to-October bullish move for silver points to support at the 50% retracement level at $30.69 an ounce. Meanwhile, the 10-day Relative Strength Index gives a neutral reading at 46.49 as of Tuesday.<\/p>\n\n\n\n

Upcoming events<\/h2>\n\n\n\n

Looking ahead, eyes will be on Wednesday\u2019s expected speech by ECB President Christine Lagarde for the latest take on the health of the EU economy. Beyond that, Thursday will see UK CBI industrial trends orders for November, followed by US weekly initial jobless claims figures. But of greater impact will be Friday\u2019s release of November manufacturing figures from several major economies including Japan, India, the Euro Area, the UK and the US. Silver\u2019s dual role as a precious and industrial metal makes it sensitive to economic growth in general, and manufacturing demand in particular.<\/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

Frank\u2019s experience<\/a> covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets.\u00a0<\/em>He has worked as a senior editor for S&P Global Commodity Insights\u00a0(formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.<\/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.<\/i>
\n<\/i><\/p>\n

Read our Editorial Guidelines\u00a0<\/i>here.<\/a><\/i><\/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 prices briefly spiked higher to a one-week high on Tuesday, lifted by strengthening gold prices, although prices drifted later in the session to pare the day-on-day gains. Prices hit an intraday high of $31.64 an ounce on Tuesday, up from around $31.20 an ounce in late trades on Monday. Silver\u2019s initial strength came as […]<\/p>\n","protected":false},"author":50,"featured_media":142110,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[214],"tags":[],"class_list":["post-142034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-silver-news"],"acf":[],"yoast_head":"\nSilver Price News: Silver Rebounds from Two-Month Low - Kinesis<\/title>\n<meta name=\"description\" content=\"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver Price News: Silver Rebounds from Two-Month Low\" \/>\n<meta property=\"og:description\" content=\"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/\" \/>\n<meta property=\"og:site_name\" content=\"Kinesis\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-20T16:27:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-20T16:27:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.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=\"Frank Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/\"},\"author\":{\"name\":\"Frank Watson\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"headline\":\"Silver Price News: Silver Rebounds from Two-Month Low\",\"datePublished\":\"2024-11-20T16:27:43+00:00\",\"dateModified\":\"2024-11-20T16:27:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/\"},\"wordCount\":362,\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/silver-news-feature-silver-rebounds-from-two-month-low.jpg\",\"articleSection\":[\"Silver News\"],\"inLanguage\":\"it-IT\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/\",\"url\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/\",\"name\":\"Silver Price News: Silver Rebounds from Two-Month Low - Kinesis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/silver-news-feature-silver-rebounds-from-two-month-low.jpg\",\"datePublished\":\"2024-11-20T16:27:43+00:00\",\"dateModified\":\"2024-11-20T16:27:49+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"description\":\"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#primaryimage\",\"url\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/silver-news-feature-silver-rebounds-from-two-month-low.jpg\",\"contentUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/silver-news-feature-silver-rebounds-from-two-month-low.jpg\",\"width\":960,\"height\":529,\"caption\":\"frank watson headshot background of silver news\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/silver-news\\\/silver-rebounds-two-month-low\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/kinesis.money\\\/it\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Silver Price News: Silver Rebounds from Two-Month Low\"}]},{\"@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\":\"it-IT\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\",\"name\":\"Frank Watson\",\"description\":\"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0\",\"jobTitle\":\"Precious Metals Market Analyst\",\"url\":\"https:\\\/\\\/kinesis.money\\\/it\\\/author\\\/frankwatson\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Silver Price News: Silver Rebounds from Two-Month Low - Kinesis","description":"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.","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":"it_IT","og_type":"article","og_title":"Silver Price News: Silver Rebounds from Two-Month Low","og_description":"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.","og_url":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/","og_site_name":"Kinesis","article_published_time":"2024-11-20T16:27:43+00:00","article_modified_time":"2024-11-20T16:27:49+00:00","og_image":[{"width":960,"height":529,"url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","type":"image\/jpeg"}],"author":"Frank Watson","twitter_card":"summary_large_image","twitter_description":"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.","twitter_misc":{"Scritto da":"Frank Watson","Tempo di lettura stimato":"3 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#article","isPartOf":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/"},"author":{"name":"Frank Watson","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"headline":"Silver Price News: Silver Rebounds from Two-Month Low","datePublished":"2024-11-20T16:27:43+00:00","dateModified":"2024-11-20T16:27:49+00:00","mainEntityOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/"},"wordCount":362,"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","articleSection":["Silver News"],"inLanguage":"it-IT","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/kinesis.money\/#organization"}},{"@type":"WebPage","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/","url":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/","name":"Silver Price News: Silver Rebounds from Two-Month Low - Kinesis","isPartOf":{"@id":"https:\/\/kinesis.money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#primaryimage"},"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","datePublished":"2024-11-20T16:27:43+00:00","dateModified":"2024-11-20T16:27:49+00:00","author":{"@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"description":"Get the latest updates on silver prices. Find out how the strengthening gold market is impacting the price of silver.","breadcrumb":{"@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#primaryimage","url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","contentUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","width":960,"height":529,"caption":"frank watson headshot background of silver news"},{"@type":"BreadcrumbList","@id":"https:\/\/kinesis.money\/market-analysis\/silver-news\/silver-rebounds-two-month-low\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kinesis.money\/it\/"},{"@type":"ListItem","position":2,"name":"Silver Price News: Silver Rebounds from Two-Month Low"}]},{"@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":"it-IT"},{"@type":"Person","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52","name":"Frank Watson","description":"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0","jobTitle":"Precious Metals Market Analyst","url":"https:\/\/kinesis.money\/it\/author\/frankwatson\/"}]}},"post_thumbnails":{"large":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-news-feature-silver-rebounds-from-two-month-low.jpg","small":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/11\/silver-square-sky1-wed-3.jpg"},"_links":{"self":[{"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/posts\/142034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/comments?post=142034"}],"version-history":[{"count":0,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/posts\/142034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/media\/142110"}],"wp:attachment":[{"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/media?parent=142034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/categories?post=142034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kinesis.money\/it\/wp-json\/wp\/v2\/tags?post=142034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}