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Silver squeeze is back!

A week of consolidation for gold and silver ends with a strong performance for silver. Driving silver’s price are factors common to gold, plus the gradual reopening of Indian demand.

Alasdair Macleod's avatar
Alasdair Macleod
Aug 28, 2026
∙ Paid

Silver volumes on Comex have been high for the last seven trading sessions, while open interest has climbed from ultra-low levels, but it is still in deeply oversold territory by this measure:

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