8:17 AM · 23 September 2020

🔽 Silver down another 4%!

SILVER
Commodities
-
-

Precious metals have been under pressure lately despite extremely dovish Fed. The key reason is US dollar. The US currency was under huge pressure during the summer but has been recovering lately, applying downward pressure on precious metals – especially Silver.

What’s next? The key fundamental reason behind silver – accommodative monetary policy – is still there and will continue for a long time. USD gains are mostly technical and could be temporary. Looking on the chart, the next support line could be found just below $22 (150day moving average).

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