A break to $42 can’t be ruled out. Only new highs would determine the next move. And right now, we appear to be failing it...but we still expect gold/silver rally to continue into 2026.
CEO Weber: "Our primary goal for the 2025 drill program was to test the strike and depth continuity of the Main Fault target. I’m very pleased that we've been able to achieve that goal..."
Both the silver futures and the silver spot price had crossed over the $51 level, although they have also sold off, and remain in positive territory on the day.
So far, silver and gold have been exempted from tariffs. However, some analysts think the critical mineral designation could put U.S. tariffs on silver back on the table.
Gold and silver prices are climbing again, reaching three-week highs overnight as traders digest signs that the U.S. government shutdown may finally be ending.
