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Silver speculator contracts rose this week for a second consecutive week and rose a little further away from bearish territory. The Silver speculator positions had previously dropped into bearish territory on July 26th, a rare occurrence and the first time it has happened since June 4th of 2019 (a span of 164 weeks). Silver bets have seen a modest rebound over the past two weeks while the Silver futures price has risen in two out of the past three weeks. Silver is back above the $20 threshold after bouncing off the $18 level for a few weeks in July. #Silver# #preciousmetal#

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