Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Stocks Slide, Silver Surges

By Capital.com (David Jones)Market OverviewJan 21, 2022 10:50AM ET
www.investing.com/analysis/stocks-slide-silver-surges-200615518
Stocks Slide, Silver Surges
By Capital.com (David Jones)   |  Jan 21, 2022 10:50AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

It has been another week where stock markets have continued under pressure. By the close on Thursday, both the S&P 500 and the NASDAQ had traded down to their lowest levels in three months.

Inflation continues to be a worry for investors, and next week’s interest rate decision from the US central bank could help throw some more light on what the Fed’s current view is and just how many interest rate rises we could expect this year.

Declines in stock markets do happen of course - and then quite often the market finds its feet, turns around and pushes higher once more. We have been through a somewhat unusual 18-month period where sell-offs in stocks have been relatively short-lived, so with 2022 starting with a rather more significant move down, it’s a scenario investors have not experienced much of in recent history.

The last sizeable sell-off in stocks was in September last year - the S&P 500 declined by almost 6% from its then all-time high. Then in October, the market turned around, and investors were rewarded for buying the dips once again. 

So far, the index has dropped by around 7.5% from the all-time high set at this year’s opening. So it is a sizeable decline based on recent data, but still not in the bear market territory - it will be interesting to see if the last week of January brings out the bargain hunters. 

Silver Shines

In times of uncertainty, investors have looked for other assets to try and provide some safety. Traditionally, this was gold, but in January, it’s another shiny metal that has delivered the goods so far. Silver had a dreadful 2021, dropping by 12% overall for the year while most other commodities were running higher.

This month has certainly seen a change in its fortunes, with the price up by 11% from its January low. It’s an impressive short-term move, but - to keep some perspective here - it has only pushed silver back to where it was in late November. Nevertheless, with gold still proving to be sluggish, silver could be one to watch to see if it continues to be viewed as a store of value for nervous investors.

Stocks Slide, Silver Surges
 

Related Articles

Stocks Slide, Silver Surges

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email