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Silver May 24 (SI=F)
| Pre. Settlement | N/A |
| Settlement date | 2024-05-29 |
| Open | 28.31 |
| Bid | 28.53 |
| Last price | 28.38 |
| Day's range | 28.17 - 28.55 |
| Volume | |
| Ask | 28.53 |
Yahoo FinanceGold has been hitting record highs — why there's a bullish case for silver too
Silver bulls point to the industrial use of the metal as one of the catalysts expected to push prices higher.
- Yahoo Finance Video
Gold prices fall from record high while US dollar rises
Gold prices (GC=F) are retreating from their recent record highs during Friday's trading session, as the US dollar (DX=F) experiences its biggest weekly jump. Yahoo Finance's Jared Blikre and Josh Lipton break down the details, offering key context for the gold rally and the factors contributing to its volatility. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Gold's 'unique' trait as compared to other commodity trades
2024 has been an especially good year for commodities so far, where gold (GC=F) and silver (SI=F) prices continue to climb and crude oil (CL=F, BZ=F) has even pierced above $90 per barrel. Bloomberg Intelligence Commodity Strategist Mike McGlone explains the price action patterns seen in the commodity sector. "What's really unique about gold is it's the only major commodity that usually goes up over time that's really making new highs versus the other commodities that are kind of bumping up against ranges," McGlone tells Yahoo Finance. "But what's really unique is there's been significant outflows in gold ETFs, but they have reached a level now that's pretty good supported. I think it's about time those outflows look to inflows, which would accelerate the gold rally." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
