The Bull Market Isn't Over: Silver Setting Up for Next Leg Higher

Published on October 24, 2026

There’s not a lot of bullishness in the silver market right now. After surging to just over $120 per ounce in January, silver corrected and has lost more than half its value.

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Consumer sentiment falls in October to a five month low. The final October reading for the University of Michigan Consumer Sentiment Index came in at 48.0. This marks a 0.2% (0.1 points) decrease from September.

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