Silver remains in high demand and is testing new highs. The silver markets gained strong support when the gold/silver ratio dropped below 65. 00. Silver has a good chance of reaching $70 before the New Year, and the technical outlook remains bullish. Silver did not just slightly increase in value; it broke through resistance and continued upward, hitting a new intraday high of $ 67. 67.46 and gaining over 9% from last week’s close of $61.91. The buying appears genuine. Traders currently see silver as a better upside trade than gold because of ongoing physical tightness, increasing confidence in Fed rate cuts, and ... (full story)