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The Hunt for $50: Silver's Breakout and the History of a Wild Market
ZACKS· 2025-10-01 17:26
Precious Metals Soar in 2025Despite the rise of crypto, a raging bull equity market, and years of stagnation, precious metals have regained their shine over the past two years. In particular, gold and the SPDR Gold Shares ETF ((GLD) illustrate how years of frustrating basing action can eventually lead to a massive breakout. Gold prices peaked in late 2011 and would fail to make new highs again until August 2020. In the 2020 instance, GLD printed a brief all-time high before retracing. Finally, GLD broke out ...