NBA, Adam Silver
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The first part of a silver collection owned by the late Flog It! antiques expert Michael Baggott has sold for more than double its estimate at auction. Baggott, who worked on the BBC series from 2004 to 2018, died in January aged 51 after a heart attack.
A primary driver of silver's historical underperformance is technological change. Despite past challenges, new technological advancements could boost silver demand.
Silver made clear that any NBA expansion was not imminent, given there were still some major hurdles to get past before the league would be ready to add a new franchise. One such area is the regional television distribution rights, and how games would be distributed within local markets of an upstart franchise.
Are undeclared silver purchases by the Russian government boosting the price of silver? There is some anecdotal evidence that they are.
Silver has outperformed gold this year with hints of Russian central bank buying and interest from members of the BRICs group seeking a U.S. dollar trade alternative
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With their assets auctioned off, the trustee overseeing the bankruptcies of regional airline Silver Airways and its Caribbean affiliate Seaborne Virgin Islands has asked a Fort Lauderdale judge to
Silver entered a new trading week on strong footing, building on Friday’s sharp surge. The primary fundamental driver behind the recent strength is the tariff announcements. Read more here.
Silver will extend a rally beyond $40 an ounce in the coming months on tightening physical supplies and growing investment demand, according to Citigroup Inc., which reiterated a more cautious stance on gold.
For a bullish continuation, Silver must clear the $38.50 level, allowing buyers to test $39.00. Once cleared up, the next lies $39.50 and the $40.00 mark. Conversely, if XAG/USD tumbles below $38.00, the first support would be the June 18 high, now turned support, at $37.31, followed by $37.00 and the 20-day SMA at $36.86.