11:17 AM · 19 August 2022

🥈Silver falls 1.5%

Silver is experiencing a massive sell-off  today and loses nearly 1.5%, as does oil and iron ore. On the other hand, copper is gaining today. Interestingly, recently the amount of silver in COMEX vaults decreased significantly. Investors pulled out around 280 million ounces of silver last week. Meanwhile  ETFs, after a gigantic sell-off in recent months, kept the level of bullion in their vaults unchanged in August.

There is no denying, however, that silver is facing tremendous supply pressure. This week, silver is likely to drop over 7% and cut recent gains by more than 2/3. The negative scenario for silver could reverse if price manages to return above the 50 session average, which coincides with 23.6  retracement of the last massive downward wave and psychological resistance around $ 20.00 per ounce.

Source: xStation5

2 October 2026, 3:26 PM

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35 PM

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 6:47 PM

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 4:19 PM

The US has a Diesel problem. Now Europe is being asked to open its reserves

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