Silver

Key insight

64.67 clears the 63.50 prior swing high; next resistance sits at 66.00 (2026 range top). Gold up 1.4% on the same session confirms the metals complex is broadly bid — momentum favours follow-through.

64.67 holds above the 60.00 round-number base; gold/silver ratio compression and Gold at $4,355 confirm metals bid — industrial demand and safe-haven flows both support XAG.

Main risk

USD Reversal / Real Yield Spike

EUR/USD at 1.1537 is already softening; a sustained DXY recovery above 103 would press XAG back below the 62.00 50-day MA.