Analyst Says Silver Could Be Headed to $50 Silver, often dubbed the “poor man’s gold,” is on the brink of a significant technical breakout, mirroring the momentum gold has recently experienced. The recent surge in gold prices, achieving new highs, sets a compelling backdrop for silver’s potential breakout. The extended consolidation period silver has undergone hints at a significant upside once it overcomes resistance. This could not only propel silver towards the $30 mark again but, more ambitively, drive it towards its historic high of $50, catalyzed by technical buying reflective of its prolonged accumulation phase. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Gold Dilemma: Rising Prices and Falling Jewelry Demand READ MORE Lingering Effects from Past Economic Shocks Continue to Drive Inflation in 2024 READ MORE Gold Recycling Rises in India During Wedding Season Amid High Prices READ MORE Labor Market Resilience Amidst Technology Layoff Wave READ MORE ECB Rate Cut Hopes Diminish Amid Strong Economic Data READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment