๐ AI Predicts Silver Price for June 30, 2025: Bullish Momentum Ahead? ๐
๐ Silver is shining bright! Currently trading at $35.94, up from $32.99 at the start of June โ marking its highest level since 2011.
๐ฅ Key Highlights:
๐ 13-Year High: Silver surged to $36.90 earlier this week before a brief pullback.
๐ Geopolitical Tensions: Middle East unrest (๐ฎ๐ฑ vs ๐ฎ๐ท) is fueling market uncertainty.
๐ฐ Profit-Taking Phase: Despite tensions, traders appear to be locking in gains.
๐ต Weak USD: Normally a tailwind for metals, yet silver hasn't fully capitalized.
๐ฆ Supply Crunch: Global silver market faces a 5th straight year of supply deficits.
โก Industrial Demand Boom: Driven by solar panels, EVs, and electronics.
๐ Short-Term Risks:
A dip below $35 could trigger a correction.
Tariff uncertainty from Washington adds pressure.
๐ AI Forecast by June 30, 2025:
๐ฎ Target Price: ~$38 per ounce
๐ Expected Range: $36 โ $42
๐ Bias: Strongly bullish as fundamentals remain robust.
๐ฃ๏ธ "Silver is forming another bullish formation. A legitimate breakout could take it to the $38 area anytime."
โ Rashad Hajiyev, Financial Analyst
๐ Investor Watchlist:
๐ฃ Middle East escalation ๐จ
๐งพ U.S. tariff decisions
๐ Mining output trends
๐ Bottom Line: Silverโs rally may just be warming up. Keep a close eye โ the white metal could shine even brighter before June ends!