Silver's surge to $35 signals a potential rally, but with a 408:1 paper-to-physical ratio, experts warn of a market shakeup. Supply shortages and soaring demand may spark a dramatic price shift.
Saxo’s Ole Hansen suggests the run-up in precious metal prices is partially due to concerns that a single party winning in the U.S. election could bring increased government spending
Bloomberg reports Europe may show resistance to the proposed sanctions due to its reliance on the metals
Gold hits new highs, while silver surges to $35, marking a 12-year peak. With central banks buying gold and industrial demand boosting silver, this rally reshapes the market amid global uncertainty.
Precious metals expert David Morgan predicts a significant surge in silver prices. He argues that the recent breakout in gold, coupled with historical correlations.
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James Turk predicts silver could hit $50+ within days or weeks, not months. With gold already setting records, Turk sees a massive silver rally ahead, driven by strong demand and market dynamics.
After six months of frustrating stagnation, silver has finally broken out, setting the stage for the much-anticipated silver squeeze scenario.
Longtime futures strategist Phil Streible tells Schwab Network that Middle East tensions and rotations in and out of metals, oil caused rise
Silver prices explode 6%, breaching $33.6/oz. Five major US banks face billions in losses from massive short positions.