Silver (XAGUSD) and Silver Futures have closed at a new record high today. Silver gave a buy signal on 22August 2025 at $38.65 and has not given a sell signal till today, 13 Oct 2025 at $52.17.
Last year, in October 2024, I posted to Traders in our network that Silver has the target $50 in 1-2 years, but it has been achieved in just 1 year. The rally in Silver over the last 7 weeks has been very impressive, and such a string rally is something we will probably see once in a decade.
Gold and Silver have both been rallying with a strong uptrend. Our systems has been keeping us long on Silver since 22 August 2025, from $38.65 till $52.17 today. My earlier target of $50 has been hit, and we will see how much higher Silver can go here.
Silver is almost defying gravity here in the way it has been going up, but as Traders, we will just keep following the uptrend as long as it lasts. We won’t guess or predict where the top of this Silver rally is. Our systems will know when the rally is completed and reversal starts. Till then, we will keep trading Silver on the long side.
