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Silver Prices Are Back Above $50. Why That Matters, and What It Means for Gold Too
The gold (GCZ25) and silver (SIZ25) markets hit record highs in October and then backed well off those peaks. In late October, the December silver futures contract dropped to a low of $45.51 an ounce, well down from its record high of $53.765 scored on Oct. 17. December gold futures hit a low of $3,901.30 on Oct. 28, after scoring a record high of $4,398.00 on Oct. 20. Near-term technical damage was inflicted on the price downturns, including price uptrends on the daily charts being at least temporarily negated. Those were early clues that gold and silver bulls were exhausted and that near-term market tops could be ... (full story)
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From thedailygold.com | Nov 11, 2025
Gold and Silver surged higher on Monday, which followed a mini-double bottom over the previous two weeks. This type of strength solidifies support at the recent lows of $3900 and $45.70, and raises the odds we have seen the low in price. The correction will continue in terms of time. Note the yellow boxes last spring. Gold had some very strong daily candles ...
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