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Silver Has a Wild Day on Monday
This is turning out to be a massive engulfing bearish candlestick that could create more selling, and if we drop below $70, I think things could get ugly quickly. The silver market initially did rally a bit during the trading session, gapping higher as soon as Asia came on board. Unfortunately, we’ve probably seen a lot of people blow up today as they started chasing this thing to the moon, only to realize gravity is a real thing. The $70 level, so far at least, has offered a little bit of support, and that makes a certain amount of sense, but you have to keep in mind that at one point, the futures market was at ... (full story)
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From cnbc.com | Dec 30, 2025
Silver futures jumped as much as 5% early Tuesday, continuing 2025′s rollercoaster ride for precious metals. Silver futures for March delivery were up 5.3% to last trade at $74.17 an ounce at 10:30 a.m. London time (5:30 a.m. Eastern time), bringing year-to-date gains to 153%. Silver futures hit a record high overnight on Monday, reaching $80 an ounce for ...
Silver was all the rage through the Christmas holidays and that even extended through this week’s open, with the metal rushing all the way up to and beyond the 80-handle to set a fresh all-time-high. But that enthusiasm couldn’t remain for long as profit taking soon took over, and at this point, the Monday candle is showing as a bearish engulf as sellers ...
Carter Worth, Worth Charting, joins 'Fast Money' to talk the technicals of the metal commodities trade.
