Silver miners put in a major base breakout last week.
By Sam Gatlin, Jason Perz
January 19, 2026
This precious metals market is doing something that frustrates bears, humbles top-callers, and rewards anyone willing to simply respect the trend.
Every dip continues to get bought.
Breakouts are sticking.
Former resistance levels are flipping into support.
And Gold and Silver futures are printing fresh all-time highs.
Across the entire complex, the message is consistent: buyers remain firmly in control.
What makes this environment especially important is that the strength is no longer isolated. This is not a narrow or defensive rally led by a single metal.
Participation is broadening, leadership is rotating, and risk appetite is expanding within precious metals themselves.
Those are the conditions that sustain bull markets, not the conditions that end them.
One of the cleanest ways to see this is through our Equal-Weight Precious Metals Index, an equal-weight basket of Gold, Silver, and Platinum.
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