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Silver Market Updates

Gold SWOT: Silver Has Soared by Almost a Quarter in 2024, Outpacing Gold

Gold’s record-setting rally may have captured the headlines, but silver is running harder and faster as the less glamorous metal benefits from financial and industrial demand.

Silver Eager to Settle a Score

July Silver broke out on the weekly chart with enough force to imply it will reach a minimum of $37 an ounce. That would represent a 16% move on top of the already impressive 28% gain...

Silver – Breaking through Key Resistance

May 20, 2024

With prices closing around $31.50, the strong resistance zone is already broken. The next target now sits around $35. Above that, the all-time high at $50 would be coming into play.

Technical Scoop: Historical Crisis, Precious Rally, Oily Poise

The breakthrough over $30 was far more than expected and the next targets are $39/$40. The mark had stood at $30.35 since February 2021. Silver closed the past week at $31.26.

Silver Broke $30…Where Do We Go From Here?

Silver's price has taken the spotlight, with the metal hitting over $31 per ounce, marking its highest closing price in over a decade.

COT Silver Report - May 17, 2024
Positions as of 14 May, 2024
Silver COT Report Fri, 05/17/2024 - 15:36
Precious Metals SWOT: Solar Industry Drives Silver Demand
The best performing precious metal for last week was silver, up 6.56%, which can be an indicator of speculative interest being revived in the precious metal trade.
Frank Holmes Mon, 05/13/2024 - 10:50
COT Silver Report - May 10, 2024
Positions as of 7 May, 2024
Silver COT Report Fri, 05/10/2024 - 15:28
Gold Looks Great & Silver Is Superb
All that’s needed now is a big burst of volume, and silver could charge through the $30 resistance zone like a bull era tank driving through a rancid fiat butter wall.
Stewart Thomson Wed, 05/08/2024 - 11:55
Silver And The Coming Monetary Reform
This is the critical point in the cycle. From this point debt and debt-based assets get destroyed while silver prices see some real stellar increases. This point cannot be stressed enough, since debt or credit is what this current world is built on.
Hubert Moolman Wed, 05/08/2024 - 07:30
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