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Silver Approaches $59 as Inventory Levels Decline; Technical Breakout May Target $60
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Silver remains close to $59 due to constrained inventories and technical indicators that suggest upward momentum. Analysts indicate that a breakout above $59.20 could propel silver towards the $60 threshold.
Silver remains close to $59 due to constrained inventories and technical indicators that suggest upward momentum. Analysts indicate that a breakout above $59.20 could propel silver towards the $60 threshold.
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