Soaring silver forces Chinese PV panel makers mull price hike in Q1

Soaring silver prices have begun to impact the global solar power industry, particularly the photovoltaic sector. Chinese manufacturers of solar photovoltaic (PV) cells or panels plan to hike prices during the current quarter or cut production.  China dominates global solar panel manufacturing, producing over 80 per cent of the world’s panels, cells, and wafers, controlling…

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CME Group raises margins for precious metals complex; silver takes the biggest hit

US-based CME Group has raised the initial margin and holding positions’ fee for all precious metals, with silver witnessing the second hike within a week. The CME Group,  which operates major derivatives exchanges such as CME, COMEX, CBOT and NYMEX, has raised the initial margin for silver to $32,500 from $25,000 for non-speculative accounts for…

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Gold, silver hit record highs before sharp pullback on margin hikes

Analysts say long-term fundamentals such as central bank buying, ETF inflows and rate-cut expectations remain intact, even as near-term volatility persists due to expiry-related factors and global cues. | Photo Credit: Ravitaliy Gold and silver witnessed sharp volatility, with both precious metals touching fresh record highs in early trade before pulling back significantly. Gold surged…

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Silver steadies after biggest one-day fall in over five years

Silver prices came under pressure as technical indicators signalled overstretched gains and thin liquidity amplified volatility. Exchanges raised margin requirements on certain Comex silver contracts, prompting some traders to cut positions. | Photo Credit: iStock Silver steadied after its biggest one-day drop in more than five years, as traders booked profit following a powerful year-end…

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