Silver near $60: August drop?

Kitco07-31 20:26

In this presentation, Jeffrey Christian of CPM Group provides a precious metals update, covering the gold price outlook, silver market analysis, COMEX positioning, inflation, economic growth, Federal ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2656391531?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-31 20:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2656391531","market":"hk","top_or_hot":-1,"title":"Silver near $60: August drop?","media":"Kitco","content":"<div>\n<p>In this presentation, Jeffrey Christian of CPM Group provides a precious metals update, covering the gold price outlook, silver market analysis, COMEX positioning, inflation, economic growth, Federal ...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-07-31/silver-near-60-august-drop\">Source Link</a>\n\n</div>\n","source":"kitco_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silver near $60: August drop?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilver near $60: August drop?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-31 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.kitco.com/opinion/2026-07-31/silver-near-60-august-drop><strong>Kitco</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this presentation, Jeffrey Christian of CPM Group provides a precious metals update, covering the gold price outlook, silver market analysis, COMEX positioning, inflation, economic growth, Federal ...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-07-31/silver-near-60-august-drop\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAAU","symbol_name":"Goldman Sachs Physical Gold ETF","start_time":0,"source_url":"https://www.kitco.com/opinion/2026-07-31/silver-near-60-august-drop","article_id":"2656391531","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/opinion/2026-07-31/silver-near-60-august-drop","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2656391531","pubTimestamp":1785500760,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":"In this presentation, Jeffrey Christian of CPM Group provides a precious metals update, covering the gold price outlook, silver market analysis, COMEX positioning, inflation, economic growth, Federal ","collect":0,"end_time":0,"defaultTopTitle":"kitco.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAAU":"Goldman Sachs Physical Gold ETF","BAMA":"Brookstone Active ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","PRTO":"RCN Pareto Strategic Allocation ETF","RING":"iShares MSCI Global Gold Miners ETF","AGQ":"2倍做多白银ETF-ProShares","IAUI":"NEOS Gold High Income ETF","UGL":"2倍做多黄金ETF-ProShares","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","PHYS":"Sprott Physical Gold Trust","DZZ":"德银黄金两倍做空ETN","GLL":"2倍做空黄金ETF-ProShares","IAUM":"ISHARES GOLD TRUST MICRO","DBC":"商品指数ETF-PowerShares DB","SGDM":"Sprott Gold Miners ETF","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","RULE":"Adaptive Core ETF","PICK":"iShares MSCI Global Metals & Mining Producers ETF","OUNZ":"VanEck Merk黄金股票基金","DGP":"二倍做多黄金ETN(PowerShares)","GLDM":"SPDR Gold MiniShares Trust","EQRR":"ProShares Equities for Rising Rates ETF","CEF":"Sprott Physical Gold & Silver Trust","XME":"金属与采矿指数ETF-SPDR","JDST":"金矿指数二倍做空ETF","FT":"富兰克林通用信托","JNUG":"金矿指数二倍做多ETF","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","USG":"USCF Gold Strategy Plus Income Fund","GOLY":"Strategy Shares Gold Enhanced Yield ETF","SETM":"Sprott Critical Materials ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","SGOL":"Abrdn Gold ETF Trust","CLIX":"ProShares Long Online/Short Stores ETF","GDX":"黄金矿业ETF-VanEck","EES":"WisdomTree U.S. SmallCap Fund","UYM":"基础材料指数ETF-ProShares两倍做多","BTGD":"STKD Bitcoin & Gold ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","BAR":"GraniteShares Gold Shares","IAU":"黄金信托ETF-iShares","PPI":"AXS Astoria Real Assets ETF","GDXJ":"小型黄金矿业ETF(Market Vectors)","CGDV":"Capital Group Dividend Value ETF","GBUG":"Sprott Active Gold & Silver Miners ETF"},"translate_title":"白银接近60美元：8月下跌？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DULL":0.9,"SHNY":0.9,"UYM":0.9,"GLL":0.9,"BTGD":0.9,"CGDV":0.77,"GDXJ":0.9,"JNUG":0.9,"PICK":0.9,"1OZmain":0.9,"XME":0.9,"PHYS":0.9,"BEGS":0.9,"IAUM":0.9,"AAAU":0.9,"GOLY":0.9,"DZZ":0.9,"FT":0.61,"SETM":1.5,"PPI":0.9,"OUNZ":0.9,"GLDM":0.9,"CLIX":0.61,"GBUG":0.9,"GDXD":0.9,"GLTR":0.9,"EES":0.61,"GDXU":0.9,"DBC":0.9,"PRTO":1.5,"AGQ":0.69,"BAMA":0.61,"GOAU":0.9,"JDST":0.9,"SGOL":0.9,"RING":0.9,"CEF":0.9,"SGDM":0.9,"EQRR":0.61,"DUST":0.9,"BAR":0.9,"FGDL":0.9,"DGP":0.9,"IAUI":0.9,"USG":0.9,"GDXY":0.9,"IAU":0.9,"GDX":0.9,"RULE":0.77,"UGL":0.9},"content_text":"In this presentation, Jeffrey Christian of CPM Group provides a precious metals update, covering the gold price outlook, silver market analysis, COMEX positioning, inflation, economic growth, Federal Reserve interest rates, and growing risks in the stock market.Gold reached approximately $4,138 during the morning. Jeff explains why that may be the near-term peak and why gold and silver could soften during the first two or three weeks of August.The August COMEX gold futures roll is now largely behind the market. Open interest in the August contract fell from 27.5 million ounces at the end of June to 2.7 million ounces. Most of those positions moved into the December contract. Jeffrey also reviews COMEX gold inventories and explains why claims of an imminent inventory shortage do not match the available data.Silver continues to trade around $60. CPM Group expects both gold and silver to face short-term pressure before prices potentially strengthen during the final four months of the year. Jeffrey also discusses platinum and palladium, which remain weaker than gold and silver.Jeff then discusses lower U.S. GDP growth, consumer spending, disposable income, and inflation that remains above the Federal Reserve’s target. Jeffrey explains why CPM has moved its recession expectation into the 2027–2029 period.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2656391531","isCrawlerRequest":true}