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 Turkish Central Bank Fortifies Reserves: July Sees 3.5% Boost to $147.9 Billion READ MORE Kazakhstan Bolsters Its Economy with a Gold-Heavy Reserve Strategy READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE Deutsche Bank Joins Goldman Sachs in Bullish Gold Forecast READ MORE First ever filming of Singapore’s Gold Reserves in Super-Secret Gold Vault READ MORE Add a Comment Cancel replyYour email address will not be published.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