AGE Gold Commentary is our regular report analyzing trends in precious metals and rare coins. We monitor domestic and international markets and extrapolate from our 30 years in metals to place current events into a hard asset perspective. View archives.
6/9/2025:Silver breaks out! Our next price target and why
Source:
Greetings!
As we have said many times, gold leads and silver lags, but when silver plays catch up, it does so with a vengeance. It looks like silver's vengeance might now be underway.
Last Thursday, silver broke sharply over major upside resistance at $35, held those gains on Friday, and is moving higher again today, setting new 13-year highs along the way. This breakout is as solid as they come and could be the start of a strong run higher.
But there is one more threshold for silver to cross before it confirms that this breakout is, indeed, the real deal. And we're bumping up against it now.
In our new AGE Gold Commentary, we identify this crucial threshold and analyze whether silver is truly about to step through it. We put the current surge into perspective relative to silver's last major bull run, when it gained multiples in price. And finally, we'll give you our realistic price target for the current surge.
So please join me for this timely and important look at silver as we weigh the evidence for whether this breakout is truly the start of silver's next historic rally.
You can also view this video on the AGE YouTube channel, which includes a transcript.
AGE's Gold Commentary
AGE Gold Commentary is our regular report analyzing trends in precious metals and rare coins. We monitor domestic and international markets and extrapolate from our 30 years in metals to place current events into a hard asset perspective. View archives.
6/9/2025: Silver breaks out! Our next price target and why
Source:
Greetings!
As we have said many times, gold leads and silver lags, but when silver plays catch up, it does so with a vengeance. It looks like silver's vengeance might now be underway.
Last Thursday, silver broke sharply over major upside resistance at $35, held those gains on Friday, and is moving higher again today, setting new 13-year highs along the way. This breakout is as solid as they come and could be the start of a strong run higher.
But there is one more threshold for silver to cross before it confirms that this breakout is, indeed, the real deal. And we're bumping up against it now.
In our new AGE Gold Commentary, we identify this crucial threshold and analyze whether silver is truly about to step through it. We put the current surge into perspective relative to silver's last major bull run, when it gained multiples in price. And finally, we'll give you our realistic price target for the current surge.
So please join me for this timely and important look at silver as we weigh the evidence for whether this breakout is truly the start of silver's next historic rally.
You can also view this video on the AGE YouTube channel, which includes a transcript.
Sincerely,
Dana Samuelson
President