Silver miners not fully reflecting the stelllar silver rally
After bouncing off a $54/Oz ceiling twice, silver eventually broke through on Friday Nov 28, closing at $56.33 on the NYMEX. While silver miners rallied even more over the day, they are not fully reflecting the stellar silver rally.
Stockcharts symbols used are $SILVER for spot silver on the CME and SIL, the Global X Silver Mining ETF for Silver miners.
We start showing the Silver spot price over the last 12 months leading to Friday’s all time high.
| Spot Silver Price in USD on the Chicago Metal Exchange |
| SIL: Global X Silver Mining ETF in USD |
| SIL to Silver ratio |
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Source: https://gwyde.blogspot.com/2025/11/silver-miners-not-fully-reflecting.html
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