Silver’s Breakout Is Gaining Steam—Big Rally Ahead? | The Gold Spot

Silver recently broke above the $35/oz resistance level for the first time since 2011, suggesting a potential rally after years of muted performance. Plus, the gold-to-silver ratio has remained elevated, indicating silver is undervalued compared to gold.

This extreme ratio, combined with rising demand and limited supply, has led many experts to believe silver is poised for a major move. A bullish cup-and-handle pattern on silver’s price chart supports the case for a breakout, mirroring a setup gold followed before its surge from $2,000/oz to $3,500/oz.

Decades of suspected price suppression in the silver market have also come under renewed scrutiny. The bump above $35/oz might just imply that the sheer demand for the shiny precious metal is too much for the price manipulation.

With growing investor attention and silver’s dual role as both a precious and industrial metal, many analysts are raising their silver price forecast for 2025 and beyond.

In this week’s The Gold Spot, Scottsdale Bullion & Coin’s Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Joe Elkjer discuss the extended gold-to-silver ratio, why price suppression could lead to explosive growth, and the bullish cup-and-handle pattern.

🔗 Grab your FREE COPY of our Silver Investor Report Here 👉 https://www.sbcgold.com/blog/silvers-breakout-gaining-steam/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06112025

⭐ RELATED ARTICLES AND VIDEOS:

🔗 Silver Price Forecasts & Predictions for 2025: https://www.sbcgold.com/silver-price-forecasts/silver-price-forecast-2025/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06112025

🔗 Silver Presents a Big Buying Opportunity to Investors: https://www.sbcgold.com/blog/silver-presents-a-big-buying-opportunity-to-investors/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06112025

-----

⭐ SBC Gold Precious Metals Advisors in this The Gold Spot video:

👤 Steve Rand: https://www.sbcgold.com/about/steve-rand/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06112025

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06112025