Since the start of the year, silver has recorded 11 moves of 5% or more in either direction.
Over the past six trading sessions, silver has experienced more than $110 per ounce in cumulative two-way price movement.
With spot prices around $77, traders have effectively seen the market trade through more than one and a half times silver’s full value in under a week.
A key question now is whether silver’s recent plunge from ~$115 reflects a broader risk off move rather than a collapse in fundamentals.
UBS believes longer term fundamentals remain intact. However, UBS strategists also noted that silver could struggle to remain above $85 an ounce in the near term, given how elevated volatility has become.
Para conocer la fecha y hora exactas de estos importantes eventos económicos, importe el Calendario Económico de BlackBull Markets para recibir alertas directamente en su bandeja de entrada de correo electrónico.
El trading implica riesgos y puede no ser adecuado para todos los inversores. La información proporcionada en este artículo tiene fines educativos únicamente y no constituye asesoramiento financiero. Realice siempre una investigación exhaustiva y busque asesoramiento profesional antes de tomar cualquier decisión de inversión.
