Silver Price Analysis
After yesterday's selloff there's bearish momentum heading into 2025 with near term targets at $28.74 – $28.40 as Treasury yields surge. After traders failed to push prices above the 200-day moving average at $29.73 on Friday. This level will remain a key technical barrier, with potential for a breakout if silver can regain upward momentum. However, the rejection has shifted focus to the downside.
Silver did not have a bad year up 15.51%, but trailed the S&P 500 which is my benchmark.
Silver Chart
the weekly chart show us down 0.74% after a big swing Friday.
Portfolio Update
My current assets are valued at $2,822.87 with a total acquisition cost of $2,583.31 which means I should close the year in the black. I believe this is my first year ending in the balck since starting to stack!
Asset Allocation Chart
Asset Holding by Product
