Gold Market Wire
News, analysis and commentary for gold traders and investors
Silver Market Update
Silver Gaps Higher
July 14, 2025 - (Gold Market Wire) - Silver has gapped higher again, following through in the East atfer New York's strong Friday. We are now up 5% from the COMEX low on Friday, and the early European buying is pushing us higher still.
In the immediate picture we see the enormous flag in the chart:

There is no parabolic in the formation - just ahuge gap higher. No prizes for anticipating the summer months as the appropriate time for the Silver crowd sky-ball the market. Everyone is on an early holiday - in anticipation of being re-called to the"office" in August, when the war drums are expected to sound again.On the above Daily chart we notice a strong chunk of congestion between March and June, not counting the final flushing to chase out the weak length in early April - again - when people were planning to escape for the Easter break. The Silver crowd is sly- indeed. They know when to strike, i.e. - when the banks are away.
Moving on to the bigger picture, we see the final resistance being broken to lay the path for all-time highs.

Silver is a crazy cousin of Gold, no doubt. Its lack of performance has come about because the charge to Gold was the center-piece of geo-political tension. Now, however, the lack of confidence is spreading, and we are getting to the 'lift all boats' part of the story. If Silver does its usual "on-steroids" performance, there is a chance that we could blast right through $50, but at that level the panic may provide a decent selling opportunity. The key is to not buy into the panic, but before it, which is why core positions are critical.