Silver to $39.50: Up 9.4% Past 30 Days
India’s gold market showed mixed signals in June and early July, with prices gaining 0.7% domestically to INR 95,676 per 10g despite seasonal jewelry demand weakness. Investment demand surged dramatically, with gold ETFs recording their highest monthly inflows since January at INR 20.8 billion. The Reserve Bank of India resumed modest gold purchases after a three-month pause, adding 0.4 tonnes to reach record reserves of 880 tonnes. However, gold imports plummeted 26% year-over-year to $1.8 billion as high prices deterred consumers.
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Silver Breaks 2,500-Year Records: Mike Maloney’s Triple-Digit Forecast
Silver just achieved something extraordinary. On August 29th, it reached $39.97 — within three cents of $40 — marking its highest level in nearly 14 years. But Mike Maloney’s latest analysis reveals something far more significant: silver has quietly set its highest monthly and quarterly closing records in 2,500 years. “Huge, huge news,” declares Mike, who’s been investing in silver for 22 years. “This isn’t just another rally.” The Historic Breakout Everyone Missed While headlines focused on the near-$40 price, Mike’s charts tell a bigger story. Silver has broken above every quarterly and monthly close from the 2011 peak. More
August 30, 2025
