Renewing all-time highs earlie

Renewing all-time highs earlier today, around ~$4,218, gold (XAU/USD) has extended gains further so far in this week’s trading.

Benefiting from a perfect storm of macroeconomic themes, it would seem that there is no shortage of tailwind for the current gold rally.

From a classical technical standpoint, the market is confirming a sustained long-term bullish move, with the 20, 50, 100, and 200-period SMAs all offering support below current price action.

Silver Another High: Continue to Outperform Gold in This Bull Market?

Silver prices have surged to a historic high, breaking above the peak set during the dramatic short squeeze in the London market this October. Gold has broken out of its consolidation range and is now poised to challenge the $4,300 level. With rate-cut expectations rising, can gold return to new highs in December? And is silver’s new record a positive signal for the market?

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