While the amount of silver used in jewelry manufacturing pales compared to the demand for the metal in the industrial and tech sectors, it still consumes a significant amount.
Although silver might briefly retest its rising 200-day moving average at USD 31.39 for support, the trajectory now points toward higher resistance levels.
Prior to Kootenay Silver, no exploration had occurred at Columba in nearly 40 years. Historically, there were two periods of mining on one of the veins referred to as the F Vein.
While stocks stall under the weight of uncertainty and inflationary pressures, silver is breaking out—gleaming as a beacon for investors seeking stability and upside potential.
Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions.
