Silver Price Rally Faces a CPI Test That Could Decide Its Next Breakout
Silver traded at $80.45 an ounce in London on Monday after its strongest week of 2026, up 6.61%. Traders are watching Tuesday’s U.S. CPI report, which could move yields, the dollar, and metals. A break above $83 may signal further gains; failure risks a drop toward $70. The silver market faces a sixth straight annual deficit, according to industry data.