Silver

Key insight

67.0 clears the 65.50 resistance shelf — next technical target is the 70.00 round number. Gold at 4,472 (+1.9%) and USD/JPY dropping 1.9% confirm the macro tailwind. Hold above 64.50 to keep the bull structure intact.

67.0 surges 2.5% as Gold hits 4,472 — Gold/Silver ratio compression signals industrial and safe-haven demand converging; XAG breaks above 65.50 prior resistance with conviction.

Main risk

USD/JPY reversal / risk-off spike

USD/JPY at 155.8 (-1.9%) — a snapback rally in USD crushes XAG fast; break above 158 would pressure silver below 64.50 support.