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Silver prices just hit a 13-year high. More gains could be on the way. - MarketWatch

1. Silver reached a 13-year high, settling at $35.81 per ounce. 2. The gold-silver ratio fell to its lowest level since Trump’s tariff announcement. 3. Analysts highlight global silver supply deficits, predicting demand will exceed supply. 4. Technical indicators suggest potential for further silver price increases. 5. Silver’s market volatility calls for cautious investment despite positive outlook.

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FAQ

Why Bullish?

The price surge signifies strong investor interest, influenced by supply-demand dynamics. Historical examples show that similar breakouts have led to sustained rallies.

How important is it?

The silver rally is significant, directly affecting SI00; potential short-term gains are high. Insights on supply deficits suggest a favorable long-term investment case.

Why Short Term?

Price increases might attract short-term speculative buying, but volatility remains high. Historical price movements indicate abrupt drops can follow peaks.

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