Silver Approaching $70 Magnet: Buying in Gold, Oil, and Stocks Amid Venezuela Tensions and Santa Claus Rally

Tuesday, Dec 23, 2025 11:20 pm ET1min read

Silver futures are approaching the $70 magnet, driven by Venezuela-related news. Gold, oil, and stocks are also seeing buying in the early trade. The RSI on the silver ETF SLV shows it is overbought but has room to run further. Gold and silver miners, as well as copper producers, are also hitting new highs. Oil and stocks are seeing buying due to Venezuela news and potential Santa Claus rally.

Silver Approaching $70 Magnet: Buying in Gold, Oil, and Stocks Amid Venezuela Tensions and Santa Claus Rally

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