Gold Market Wire
News, analysis and commentary for gold traders and investors
Silver Market Update
Silver Volume Continues to Print at Elevated Levels
August 6, 2020 - (Gold Market Wire) - Volume in the Silver arena, one of our favourite indicators, continues to make the bullish case for the metal and a quick look at the volume chart speaks to the recent price performance.
![](https://cdn.prod.website-files.com/5d754afa7a6dfa49fd253976/5f2bcf88ae9d6bcb898efe6d_Screen%20Shot%202020-08-06%20at%2011.29.59%20AM.png)
Where the volume roams, the prices rise - has been our mantra for quite some time now, and there is little to change that. Right now, the world is piling into this very small market, and that is going to continue to push prices higher. As everyone in the precious metals market knows - if just 2% of what is currently invested in the government bond market ever made its way into the precious metals markets, the prices would be many multiples of what it is today. Perhaps we are starting to make that transition.
Recent volume implies that we just might be.