Silver Could Be Near Its Final Low, Peter Brandt Says, But There’s a Catch

Veteran trader Peter Brandt said silver may be nearing its final low, though he expects any recovery to be gradual rather than explosive. Brandt's call matters because it suggests the long downtrend could be exhausting, though the lack of a sharp rebound implies a slow grind higher rather than a V-shaped rally. Traders will watch whether silver can hold above current levels and build a base, with the January high of $121.74 as the long-term reference point.