3:52 PM · 3 October 2022

BREAKING: Silver surges over 7.0%

SILVER
Commodities
-
-

Silver price jumped over 7.0%, most since February 2021 as concerns regarding the financial condition of Credit Suisse and weakening US dollar and lower bond yields provided support for precious metals. This may led to a market squeeze as traders bought back their previously short positions. Also one needs to remember that hawkish central banks and  a slowdown in the global economy is reducing the consumption of electronics and automobiles and sales of jewelry from major consumers China and India, which may push prices lower in the long run.

Silver price rose sharply on Monday and broke above psychological resistance at $20.00 per ounce. Next target for buyers can be found at $21.00. Source: xStation5

16 October 2025, 5:05 PM

Breaking: crude oil inventories above expectations 📌

16 October 2025, 3:36 PM

BREAKING: NATGAS declines after EIA data 📌

16 October 2025, 8:18 AM

Cocoa with limited reaction to weaker grinding data from Europe

15 October 2025, 6:34 PM

Daily Summary – Wall Street Rally Driven by Powell’s Promises

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits