Group 1 - The silver market is experiencing a bullish trend, with prices rising for the fifth consecutive trading day and reaching a 14-year high [1] - The Federal Reserve's recent interest rate cut of 25 basis points has lowered the opportunity cost of holding non-yielding assets, providing support for silver prices [2] - The rapid growth of the photovoltaic industry continues to drive demand for silver, maintaining high consumption levels [2] Group 2 - The Saudi sovereign wealth fund has been increasing its holdings in silver ETFs, indicating confidence from large institutional investors in the long-term value of precious metals [2] - A weakening dollar trend enhances the overall attractiveness of commodities, including silver [2] - Geopolitical risks have eased somewhat, which may limit the safe-haven premium for silver prices [2] Group 3 - Technically, silver found support in the $41.30-$41.50 range and is attempting to close above $42.00, with resistance concentrated between $42.30 and $42.80 [3] - If silver prices break above the resistance zone, they may challenge the yearly high of $43.50 [3] - The Relative Strength Index (RSI) is currently around 47, indicating potential bullish pressure if it rises above 50, while a drop below 45 could strengthen the case for further declines [3]