After a powerful run, silver prices paused on December 24 as profit taking and thin holiday liquidity tempered near term enthusiasm. Futures remain sharply higher year to date, supported by safe haven demand, a softer US dollar, and expectations of interest rate cuts. The popular silver ETF reflected the slowdown, trading near recent highs as momentum indicators signalled overbought conditions. The pause as a healthy consolidation, allowing positioning to reset and technical support levels to form.