The Silver Tug-of-War: Will a Holiday in Shanghai Unleash Volatility?

The silver market has been a fascinating arena of contrasting forces lately.

The Silver Tug-of-War

On one side, we’ve seen significant support emanating from the Asian markets, particularly Shanghai, seemingly acting as a sturdy foundation for prices. On the other, the New York COMEX has appeared to exert downward pressure, capping rallies and often pushing for lower valuations. It’s a classic tug-of-war, and as we look ahead to next week, a major variable is about to enter the fray (more…)