This contrarian trader says silver has topped out — and this week's action proves it
MarketWatch·2026-01-22 12:58

Core Viewpoint - Silver's lack of positive response to rising geopolitical risks compared to gold indicates that the silver trade is becoming "tired" according to Kevin Muir [1] Group 1 - The article highlights the contrasting reactions of silver and gold to geopolitical tensions, with gold showing a more robust response [1] - Kevin Muir suggests that the current state of the silver market reflects a diminishing enthusiasm among traders [1]