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Has Silver Demand Died?
Silver prices have pulled back sharply from their 2026 peak near $122/oz (reached in late January), as shown in the attached daily chart. The chart captures a classic parabolic rally through late 2025 into early 2026, followed by a steep decline with multiple red candles, testing horizontal support levels around $65–70 before the latest leg down. As of late June 2026, silver trades near $64.80–65.05/oz, down significantly from its all-time high. Silver’s surge was fueled by a potent mix of: • Explosive industrial demand – especially solar PV (photovoltaics), EVs, electronics, and AI/data centers. Industrial ... (full story)