The recent dip in the U.S. Dollar Index to 104.1 has created favorable conditions for investing silver, as non-yielding assets gain relative appeal. Traders eye the $27 mark as a pivot point before considering leveraged positions for short-term plays. The Trump administration suspended all new obligations under the NEVI program in February, saying it planned to rewrite its rules. By then, states had spent or obligated just $526 million of their allocated funds, or 16 percent, according to data released by DOT at the time. Endeavour Silver recently announced positive drill results from its ongoing exploration program at the Kolpa Mine in Peru's Huancavelica province, including significant mineral zones identified in the Poderosa West vein and surface mapping over 2.5 kilometers. Spot investing silver prices held at $26.89/oz today, supported by stronger physical buying in Asia. Technical charts suggest an ascending channel from mid-May, with RSI levels approaching 65, a bullish zone historically coinciding with 3–5% rallies over the following fortnight.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.