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Investing.com: Silver's Breakout Rally is Slowly Unfolding

July 9, 2025
Silver's Breakout Rally is Slowly Unfolding

Article by Florian Grummes in investing.com

Silver, often overshadowed by its more glamorous counterpart, gold, recently captured the attention of investors worldwide. A potential breakout rally in silver prices has sparked excitement in financial markets, hinting at significant opportunities for those looking to diversify their portfolios into silver and silver-mining stocks.

After more than 13 years, silver is finally trading above $35 again! While moving within the range of $17.50 to $30ish for nearly five years, silver managed to break out above its strong resistance around $30 about year ago. Since then, bulls were making slow and sluggish, but ultimately steady progress.

It took, however, three attempts to overcome the resistance zone between $34 and $35. Finally, on Thursday, 5th of June, silver bulls were able to assert themselves with determination and drove silver prices up to $37.31 within the following two weeks. Although the gains were considerable, one would have expected a bit more momentum. Instead, silver has been consolidating for about two weeks above $35, between $35.50 and $36.50.

Nevertheless, these recent movements indicate that silver is breaking out of a .....

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