**Heading: Market Analysis on Silver Prices**
**Key Takeaways:**
– Silver is not only a precious metal but also an industrial metal, affecting its price.
– Market likely to continue rising towards $28.50 level.
– Short term dips may offer value for potential investors.
– Caution advised as market can be volatile and risky.
When discussing silver prices, it is important to consider both its status as a precious metal and its role as an industrial metal. The market for silver is likely to continue its upward trend towards the $28.50 level, although this may not be achieved easily. Short term dips in the market could potentially offer value for investors looking to take advantage of opportunities. However, caution is advised as the silver market can be volatile and risky, with many aggressive traders experiencing losses in the past. It may be wise to approach with a small, positive position to minimize risks. For more information on economic events, refer to the economic calendar.