Silver Approaches $59 as Inventories Decline; Technical Breakout May Target $60
Silver remains close to $59 as constrained inventories and technical indicators heighten expectations. A breach above $59.20 could propel $SILVER towards the $60 threshold, analysts suggest. Inventory data indicates that supplies have decreased from 525 million to 313 million ounces since 2025. The Silver Institute now projects that the global deficit will expand in 2026.
Silver remains close to $59 as constrained inventories and technical indicators heighten expectations. A breach above $59.20 could propel $SILVER towards the $60 threshold, analysts suggest. Inventory data indicates that supplies have decreased from 525 million to 313 million ounces since 2025. The Silver Institute now projects that the global deficit will expand in 2026.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
General news unrelated to monitored cryptocurrencies.
Explore all verified news, research, and global sources for CRYPTO.