Silver Prices Have Plunged 20% in Just 1 Month. Should You Buy the Dip?
This pullback brings silver back to reality after its parabolic run. At $74, we're still sitting pretty compared to where we were trading two years ago. The gold-silver ratio compressed hard during silver's spike, now it's normalizing. Industrial demand isn't going anywhere - solar, EVs, electronics all need silver. COMEX registered silver remains tight despite this price action. Central banks aren't buying silver like gold, but that keeps the retail market accessible for stackers. March volatility is typical for precious metals. Dollar strength and profit-taking drove this correction, not fundamental weakness. Physical premiums haven't collapsed with spot price, telling you dealers expect this dip to get bought. Stack accordingly.