Silver Could Be Near Its Final Low, Peter Brandt Says, But There’s a Catch
Silver prices could be approaching their final low, according to veteran trader Peter Brandt. However, he expects any subsequent recovery to be gradual rather than explosive. The precious metal traded at $53.18 per ounce on Thursday, up 1.76% on the day. That still leaves it about 56% below its January record of $121.74. Where Does The post Silver Could Be Near Its Final Low, Peter Brandt Says, But There’s a Catch appeared first on BeInCrypto.
Key Takeaways
- Silver prices could be approaching their final low, according to veteran trader Peter Brandt.
- However, he expects any subsequent recovery to be gradual rather than explosive.
- The precious metal traded at $53.18 per ounce on Thursday, up 1.76% on the day.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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