Gold News

Silver Price Analysis: XAG/USD advances beyond $22.00 as bulls prepare for a choppy ride

Silver receives offers to reach a new daily high for the first time in three days. Before the weekly resistance line and the critical SMA confluence, the monthly horizontal resistance area pushes buyers. MACD and RSI indicate a continuation of the uptrend, while the 78.6 percent Fibonacci retracement level prevents additional losses.

Gold Stocks

10 Best Silver Penny Stocks to Buy in 2022

Silver is a rare, valuable metal, and it is vital for several industrial applications. Silver is the best electrical and thermal conductivity of all metals, making it a precious material for electrical purposes. Consequently, more than fifty percent of silver’s demand originates from the industrial sector. Several silver penny stocks are trading for less than $1 per share, and numerous silver mining firms with relatively modest market capitalizations.