Silver

Key insight

60.80 consolidates below the 62.50 all-time high; a daily close above that level opens 65.00 and beyond. Gold at 4,156 (+1.0%) sets a supportive tone — Silver tends to outperform Gold in late-cycle rallies.

60.80 holds above the 2024 breakout zone near 32.00 by a wide margin; Gold/Silver ratio compression and Gold at 4,156 confirm broad precious-metals bid with industrial demand underpinning XAG.

Main risk

USD rebound / real-yield spike

EUR/USD sliding to 1.1346 (-0.2%) today signals nascent dollar recovery; a sustained DXY bounce would pressure XAG back toward 58.00 support.