Silver's Now Back Over $30

May 21, 2024

3 years ago during the Silver Squeeze weekend leading into February of 2021 the silver price touched $30 for a few hours, before heading down a path that would eventually leave the price down below $18 by September of 2022.

Ever since, the $30 mark has remained the ceiling. Until a brief tick above $30 earlier this week, and now on Friday the price is trading at $30.30 in the morning session.

It's a big level in the silver market, and this morning Vince looks at what's happened, and shares where he sees the market now. He also goes through the daily precious metals news, and to get caught up to speed, click to watch the video now!

Arcadia Economics

**********

Silver Prices: Will Lower CPI Data Flip the Trend to Bullish?

Silver Phoenix Twitter                 Silver Phoenix on Facebook