Silver

Key insight

60.73 consolidates beneath all-time-high zone near 62.00; hold above 60.00 keeps bulls in control. Break above 61.50 prior swing resistance opens 63.00 target. Industrial demand from green-energy buildout underpins floor.

60.73 holds above the key 60.00 round-number support; Gold/Silver ratio compressing as XAG outperforms — dual monetary/industrial demand keeps upward bias intact at multi-year highs.

Main risk

USD Rebound / Real Yield Spike

USD/JPY at 157.3 already elevated; a fresh dollar bid driven by sticky US inflation could cap XAG below 61.50 and pressure back to 58.50 200-day MA.