In sharp contrast gold rose to a new record high of $ 3,128.14 while investors from risk activa rotate. The metal attracts strong institutional support, including strategic purchasing of the best insurers in China and continuous accumulation by central banks and ETFs. The 1.2% drop of the MSCI World Index underlines this flight to safety, while traders cover rate -related inflation and geopolitical instability.
Despite an overbought RSI above 77, the momentum of Gold remains intact, which strengthens the view that the current price -strength is structurally supported instead of speculative. This is in contrast with silver, where industrial exposure leaves the metal more vulnerable for the economic consequences of trade conflicts.
Properties: silver faces headwind unless risk of appetite rebuilding
Until the clarity arises around trade policy and its impact on global production, silver is likely to struggle to make persistent purchases. Traders must view the level of $ 34.59 for signs of trend forecast, but the wider risk order remains crooked in the direction of gold in this area.
Unless upcoming economic data or profit reports improve growth output, silver can remain accessible to lower, which supports the monetary counterpart.