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Barchart
Barchart
Andrew Hecht

UNCOVERED: Silver is 30 the new pivot point - The Untold Story

silver Gold Comex United States

In a May 10 Barchart article on gold and silver price action, I highlighted how July COMEX silver futures had failed at its first attempt to eclipse the $30 per ounce level. I wrote:

Silver failed at the $30 level on its first attempt to eclipse the 2021 high, the highest price in over a decade. Silver futures reached nearly $50 in 2011.  Silver has been recovering since the May 2 low. 

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