Gold And Silver Surge Post NFP, Silver Outperforms To Break $80/oz.
The precious metals market is witnessing a historic surge today, with Silver significantly outperforming Gold in a massive volatility spike.
🔸 Spot Silver($XAG ) has officially breached the psychological resistance of $80 per ounce. The metal is trading up 3.96% on the day, signaling intense industrial and monetary demand.
🔸 Gold($XAU ) continues its steady climb, rising 0.86% to trade at a staggering $4,514.63 per ounce.
🔸 When Silver outperforms Gold by such a wide margin approx. 4% vs 0.8%, it often indicates a highly aggressive risk on phase within the commodities sector, as traders chase the higher beta asset.
With Silver breaking $80 and Gold comfortably above $4,500, is the path to $100 Silver now open?
News is for reference, not investment advice. Please read carefully before making a decision.$XAG
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