Gold Market Wire
News, analysis and commentary for gold traders and investors
Silver Market Update
Silver Takes Out Resistance - Moves Sharply Higher
July 21, 2025 -(Gold Market Wire) - Silver has taken out the upper band of the channel and is moving sharply higher. New York is buying with both hands, as the 'lessor' of the two PMs makes up lost ground.

This gap developing is significant. If we hold into the close the chances to shoot for $50/.oz look good. Silver is the wild child of the metals market (now joined by Platinum) and looks ready to put in a strong performance. Silver leading Gold is always a good sign for strength across the boards, and we are getting it, with Gold closing in on $3400.
If we Gold get across the all-time high close, we may see a strong run towards $3500.

...No time to be short!