Silver

Key insight

64.09 consolidates below key 65.00 round-number resistance — a clean daily close above 65.00 reopens 67.50 (2026 swing high). Dip buyers active near 63.50 breakout shelf; stop cluster below 62.80 defines risk.

64.09 holds above the 63.50 prior breakout shelf; Gold/Silver ratio compressing as XAG outperforms on industrial demand. Mild pullback (-0.58%) into support keeps the uptrend intact.

Main risk

USD rebound / real-yield spike

Break above 158.50 on USD/JPY signals dollar resurgence; 10-yr real yield rising toward 2.20% crushes non-yielding metals fast.