A standard ~10% correction in #silver has served to reset investor sentiment back into neutral territory. The key things to note are:~ #China is on holiday until next week, this generally means a quieter next few days for metals markets. ~ The $26 breakout level is holding as new support. ~ Silver demand forecasts continue to be revised higher due to stronger #SolarEnergy demand (20% increase in 2024). The acceleration of #AI only helps to increase this demand further. ~ Global silver supply/demand is consistently in deficit, and the forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces.
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- Michael Oliver calling for US$50 Silver by November buckle up !
Michael Oliver calling for US$50 Silver by November buckle up !, page-217
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Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $23.10M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.9¢ | $87.46K | 864.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.096 |
1 | 52600 | 0.095 |
1 | 10978 | 0.091 |
2 | 21121 | 0.090 |
1 | 11493 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 40000 | 1 |
0.110 | 119714 | 3 |
0.115 | 69202 | 3 |
0.120 | 156694 | 6 |
0.125 | 138379 | 3 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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BML (ASX) Chart |