Silver has lost more than one-quarter of its value in two months and is nearing important support levels, says Ragu Dharmaratnam of Baselica.
It has already found a floor around $26.15 on three occasions since early 2011, while there is further potential underpinning at $25.35. So a decent bounce could soon be in prospect, which would be worth buying into, potentially offering more than 10 per cent upside.