Commodities
Silver Seeks Breakthrough Above $66.80
Silver prices are testing the upper bound of their current range as they seek to break through $66.80, a level that could draw institutional investment back into the market.
The spot price of silver has been edging higher since Friday's minor swing bottom at $63.50 and is now challenging last week's two-month high at $66.80.
If the market holds above $65.15, it could potentially reach $66.80, but buying volume will be a crucial factor in determining success.
A breakout over $66.80 would mark a significant milestone and could see bullish traders targeting the 200-day moving average at $71.60.