Silver

Key insight

63.43 trades within striking distance of key resistance at 65.00 (2026 swing high). Break above opens 68.50. Dollar flat at 1.1461 EUR/USD removes FX headwind — momentum favours bulls while support at 61.80 holds.

63.43 holds above the 60.00 round-number base; gold/silver ratio compression and Gold at 4,286 confirm metals leadership — industrial demand and safe-haven flows both reinforcing the uptrend.

Main risk

USD reversal / real-yield spike

Surprise Fed hawkish pivot pushing 10-yr real yields above 2% would crush silver; 61.80 Fib support the first line of defence.