Silver prices remain below $75 an ounce, with Bank of America predicting a possible rise to $100 by the fourth quarter of 2024. However, this rally is expected to be temporary as industrial demand weakens, particularly due to manufacturers reducing silver use or substituting it with cheaper alternatives. The solar sector's flat production in China and potential decline in installations also weigh on demand. Beyond 2024, silver prices are forecasted to return to around $75 by mid-2027, with investor demand becoming a key price driver amid a shrinking industrial deficit and potential market surplus. Trade negotiations in North America add further uncertainty to the silver market outlook.
Harvest Investment Services has sold 356,000 shares of Adaptive Biotechnologies, totaling approximately $5.7 million. This significant sale may impact the stock's market perception and price. Investors should watch for any further moves by major shar...
XRP's price rebounded to around $1.18 after earlier weakness, driven by expanding use in payments, tokenization, liquidity, and settlement. Industry experts highlight that the XRP Ledger's growing utility, including Ripple's cross-border payments and...
Crinetics Pharmaceuticals presented positive Phase 2 trial results for atumelnant, an oral ACTH receptor antagonist, showing it effectively lowers androgen levels and allows reduction of glucocorticoid doses in adults with classic congenital adrenal ...
St-Georges Eco-Mining Corp. completed the first tranche of a private placement, raising $321,302 by issuing 6.4 million units at $0.05 each. Each unit includes one common share and half a warrant, allowing purchase of additional shares at $0.075 with...
Polymarket, a prediction market platform, recently introduced taker fees on its Polygon markets, leading to a dramatic revenue increase from $109K to $1.18M in a single day. This surge allowed Polymarket to out-earn Hyperliquid, a major DeFi platform...
