Silver

Key insight

65.05 clears the 2026 prior swing high at $63.50 — first clean breakout above that level adds technical momentum; $68.00 round-number resistance is the next logical target on continuation.

Surges 2.72% to $65.05, tracking Gold's +2.9% breakout above $4,400 — Gold/Silver ratio compression confirms industrial and safe-haven demand converging at multi-year highs.

Main risk

USD reversal / real-yield spike

Snap-back in DXY above 101 or 10-yr real yield reclaiming +2.0% would pressure $65 support and stall rally toward $68.