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Barchart
Barchart
Andrew Hecht

Is Silver on the Way to a New High?

A May 27, 2025, Barchart article on silver, I concluded with:

With silver over the $32 per ounce level, the critical upside target is the $37.58 technical resistance level. Silver’s relative value versus gold, the fundamental deficit, and the path of least resistance of silver prices since the 2020 low all point to a break above the resistance and a challenge of the 2011 and 1980 highs. However, buying on price weakness will likely remain optimal in the volatile silver market. 

 

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