Tag: Breakout

  • Silver Breaks Above $100/oz as Precious Metals Rally Accelerates

    Silver futures moved above $100 per ounce, clearing a major psychological level and extending a sharp upside move that has tightened liquidity conditions in parts of the market. The breakout comes as investor demand for hard assets remains elevated alongside broad interest in inflation hedges and real-asset exposure.

    Market participants are watching whether silver can hold above $100 on follow-through buying, a key factor that typically determines whether a breakout becomes a sustained trend or a short-term spike.