🚀 Silver Smashes New All-Time High — $100 in Sight?
Silver (XAG/USD) surged over 7%, hitting a record high of $93.52 after bouncing from $86.91. The rally is fueled by hot US inflation data, strong retail sales, and a weaker US dollar.
Markets are also reacting to concerns over the Fed’s independence, adding to safe-haven demand. Technically, silver remains in a parabolic uptrend, up nearly 30% YTD. A break above $94–95 could open the path toward the $100 level.
📊 Key Levels
• Resistance: $94 → $95 → $100
• Support: $90 → $86.91
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