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I just reviewed the silver movements, and things are getting interesting. The international price of silver recently reached $87 per ounce, something that hasn't happened since early February. This is the first significant break we’ve seen at this level.
What caught my attention is that both the spot market and the New York futures are moving in the same direction. The international spot price of silver increased nearly 3% during the day, but the futures were more aggressive with a jump of 5.66%. This suggests there is real movement behind it, not just short-term volatility.
It's interesting how the international silver price has been building pressure. With these bullish levels, it’s worth closely watching if it manages to stay above $87. If it does, it could open up more upside potential in the coming weeks.