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Saturday, July 22, 2023

Silver Ends Three-Week Winning Streak

Above, silver Franklin half dollars. Photo by Armand Vaquer.

Silver dipped below $25.00/toz to end the week. It wasn't that much of a dip. It can make it back over $25.00 next week. 

According to Coin News:

Also falling for a second session, silver for September lost 10.7 cents, or 0.4%, and closed at $24.855 an ounce. Silver prices declined by 1.4% this week following three consecutive weekly gains of 8.2%, 1.2% and 3%. On Wednesday, silver at $25.387 an ounce registered its highest settlement since May 10. Year to date, the precious metal has increased by 3.4%.

It will be interesting to see where silver goes next week.

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