Money crosses $120 in New York: a remarkable bullish trajectory

PanicSeller · 2026-02-09T17:16:27+00:00

The silver market has reached a pivotal moment, with prices surpassing $120 per ounce for the first time, reflecting strong buying dynamics. This historic leap is influenced by geopolitical tensions, robust industrial demand, and increased investor interest in tangible assets amid economic uncertainty. ![Silver coin](https://example.com/silver-coin.jpg) The surge in prices has prompted many investors to consider silver as a safe haven, especially as traditional markets show volatility. Analysts predict that if current trends continue, silver could see even higher valuations in the coming months. ### Factors Driving the Market - Geopolitical tensions increasing global uncertainty - Growing industrial applications boosting demand - Investors seeking tangible assets during economic instability This combination of factors suggests that the silver market is entering a new phase of growth, making it an attractive option for both short-term traders and long-term investors.

PanicSeller

2026-02-09 17:16:27

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The silver market is experiencing a pivotal moment. For the first time, the price of the white metal has surpassed the psychological threshold of $120 an ounce in New York, marking a significant breakthrough in recent price history. According to data from Jinshi reported by ChainCatcher, silver futures contracts have risen by 5.73% during the session, reflecting sustained buying momentum in international markets.

A Historic Breakthrough in the Market

This new peak represents much more than a simple breakout level. Silver is setting an all-time high, signaling a lasting shift in price dynamics. Analysts observe that this upward movement reflects several combined macroeconomic factors: ongoing geopolitical tensions, strong industrial demand, and increasing investor interest in tangible assets during times of economic uncertainty. The volatility of recent months has also reshaped market expectations for precious metals.

The Upward Trend Since January

The upward trajectory is part of a broader movement. Since the beginning of the year, silver has gained nearly $50, a substantial appreciation that positions the white metal among the best performers in commodities. This steady increase suggests a consolidation of the bullish trend, with $120 now acting as a new pivot point for traders and institutional investors. The next resistance levels are already attracting the attention of market strategists.

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