-
Gold Breaks Out - "Catch Up Trade" with Silver?
A miss in UK GDP solidifies a BOE rate cut next week in otherwise quiet trade as traders key in on the breakout in gold and potential "catch up" trade to silver. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, Gold.
- Comments / Top
- Subscribe
-
Related Stories
From dailyforex.com | Dec 12, 2025
Silver is ridiculous yet again, as we have touched the $65 region in the silver futures market. And it looks like there's just no real hope of this thing breaking back down. That doesn't mean that you jump in and start buying it hand over fist because this is a market that can hurt you if it does pull back. That being said, I do like the pullback as a ...
From brecorder.com | Dec 12, 2025
Gold prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the U.S. Federal Reserve pushed back against hawkish market bets, while silver hovered just below Thursday’s record peak. Spot gold dipped 0.2% to $4,275.44 per ounce by 0236 GMT, but was on track for a 1.8% weekly gain after hitting its ...
From cnbc.com | Dec 12, 2025
Silver prices fell nearly 3% on Friday after hitting an all-time high earlier in the session, as profit-taking set in, while gold rose to a seven-week peak. Spot silver fell about 3% to $61.7 per ounce, after hitting a record high of $64.64 earlier. Spot gold rose 0.3% to $4,293.43 per ounce, after scaling its highest level since October 21 earlier. U.S. ...