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Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
SLV hits a new 52-week high as silver prices surge past $35, driven by global uncertainty and supply deficits.
With silver soaring past $35.90 on supply deficits and dollar weakness, ETFs like SLV and SIL are poised to ride the rally.
Silver rallied Thursday to tap its highest price in more than 13 years, with the industrial metal finally making a significant move to catch up to gold's gains, pulling the gold-silver ratio down to its lowest level since the Trump administration's “liberation day” tariff announcement.
While gold holds the precious metals spotlight with its impressive market cap and recent price surge, silver appears poised for a significant resurgence.
A notable wave of trading activity swept through several silver-linked assets in early June. Investors saw a significant jump in call option volumes for multiple silver-related equities.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Silver prices have soared to their highest levels in more than 13 years, surpassing $35 per ounce. Late morning on Thursday, silver traded up 3.5% at $35.87, after topping $36 earlier in the session, the highest level since February 2012.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.