Gold Bulls Charge Past Record Highs, Silver Aims for Multi-Decade Levels

From forex.com

Gold and silver prices surged to fresh cyclical highs on Thursday, following through on the bullish breakout risks flagged earlier this week. Beyond technical factors, the lingering threat of retaliatory tariffs—if the U.S. proceeds with slated levies on April 3—could drive a significant upward adjustment in prices. This risk appears underpriced by markets, suggesting next week could bring substantial volatility for metals. Commodity strategists at Citi highlighted the risk to silver prices in a recent note, particularly if U.S. tariffs announced on ‘Liberation Day’ exceed consensus expectations. As a ... (full story)