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Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post

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Harry213's Avatar
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1175 Posts
 Posted Today  6H 5M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
I believe Gold closed above $4100 yesterday and there was unusually heavy volume of around 178k contracts traded in the Z contract for December.

Normal daily volume is usually way below 50k contracts per day. And 128k contracts traded today, so far.

Let's see if Gold can get above yesterday's high, that would be considered a break out.
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Harry213's Avatar
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 Posted Today  3H 30M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
I got $59.30

APMEX is showing $59.80

Kitco and COMEX have are varying as well
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Harry213's Avatar
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 Posted Today  3H 25M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Welp $60.00 on APMEX now and I'm seeing a bit of a end of day squeeze up in the future's.
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jbuck's Avatar
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 Posted Today  2H 26M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We are safely in the ~$59 zone with some overlapping in the ~$60.

Markets ended being up rather nice today.
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Harry213's Avatar
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 Posted Today  2H 2M ago  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
A strong finish for Silver, creeping up all the way into the close. It's close enough to call it $60 in my book considering all the different Bid / Ask spreads we see.

Although when trading the futures market that spread is only 1 or 2 cents, maybe 3.

Gold futures closed the regular trading session at $4168 and that's about $40 an ounce above yesterday's close of $4126.

That confirmation is the signal trader's were waiting for to go long Gold. So watch Gold.
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jbuck's Avatar
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 Posted Today  1H 49M ago  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
One more day before a weekend. How will the week finish?
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