Live silver futures in intraday trade

In intraday trade, live silver futures touched $23.95 before paring gains to $23. With the $50 level and its 2011 all-time high in sight, the historical context of silver’s dramatic booms and busts serves as a powerful reminder: the key to navigating this surging market isn’t fighting the trend – it’s respecting momentum. Several analysts expect volatility to persist in precious metals, especially gold and silver, in the coming days given the dollar trend and tensions in the Middle East. This session sees live silver futures slightly positive at $23.84, with open interest rising for the third straight day. This suggests ongoing accumulation by institutional traders betting on higher volatility before central bank updates.