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Silver price analysis in May 2020: will the price break out to new highs?

From capital.com

A rapid rally in May has lifted the silver price back to where it started the year, after it plummeted by 38 per cent in March when the Covid-19 pandemic hit industrial demand. While gold continues to lead precious metals higher in response to fiscal policies, silver has been riding a bullish wave with governments around the world starting to relax restrictions on industrial activity. The market has rebounded by 53 per cent from the March lows and the current silver price trend is showing potential for further gains. That move has investors asking: What is the outlook for silver prices? Are silver prices expected to ... (full story)

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  • Category: Fundamental Analysis