Despite milquetoast statements from Fed Chairman Jerome Powell last week, many investors are still betting on interest rate cuts in September. Rate cuts are typically bullish for metals, so last week as gold futures capitalized on the dollar's decline, silver's performance was even stronger!
Typically silver tends to move in lockstep with gold.
So, this development is an interesting indicator of the strength and profit potential in silver right now. Silver futures rose 2.8% last week to settle at $39.56 an ounce on Comex after the December contract gained 2.5% Friday. This comes on the heels of consistent gains for silver in May, June, and July, and investors can likely expect silver to close out August on a high note as well.
These gains are being driven by several factors:
Will silver surge in the coming months as these factors continue to support gains? It is a strong possibility, especially given that September historically marks the start of stronger seasonal buying trends for investors.
That makes this remaining week of August a bold, decisive time to take action. Both gold and silver pulled back early this week, enabling investors like you the opportunity to jump in at a lower spot price.
We're here to help you take advantage of the market environment for silver. This week only, we're able to offer 1 oz. American Silver Eagles at JUST $2.99 over spot, plus FREE Shipping at 300 oz.!
Give us a call at 1-800-831-0007 or email us to place your order today.
1 oz. Silver American Eagles
At Just $2.99 over spot!
FREE Shipping at 300 oz.!
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Minimum order is 100 oz. of silver. Free shipping, handling, and insurance are available for purchases of 300 oz. of silver or more. Offer expires Friday August 29, 2025, or while supplies last.