Silver Goes Above $60 An Ounce To Warn Of Big Move Up For Commodities in 2026

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Last week the price of silver smashed through the $60 an ounce level.

It has come a long way from when it broke through the $26 level back in 2024, which was a level that was acting as long-term resistance on it for two years.

When something consolidates for that long of a time and then breaks out you typically get a big leg up that lasts for a long time.

And it has for silver, gold, and mining stocks.

After they broke out, other precious metals, such as palladium and platinum, followed them up, starting this spring - almost a year after the gold and silver breakouts.