Silver Sharp Reversal: Is the Rally Over or a Hidden Opportunity?
Silver saw extreme volatility, with a single-session reversal erasing a 14% intraday surge. Spot silver briefly spiked to $117/oz, marking its biggest intraday jump since the global financial crisis, before plunging to end the session nearly flat. Heraeus warned silver may now be overvalued relative to gold, noting record prices are already pushing solar and industrial users to seek substitutes—historically a signal of short-term corrections. Still, silver futures rebounded nearly 7% on Tuesday
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments