Silver Breaks $100, Eyes $120 Target as USD Weakness Fuels Rally

TL;DR Summary
Silver breaks above $100 and targets $120, with Fibonacci-based targets supporting a medium-term upside move. The rally is aided by a weaker USD amid a Fed-rate decision week and political headlines, though a USD rebound could cap gains. Technical charts point to a parabolic rise, suggesting the upside could unfold quickly, potentially within days.
- So, It’s $120 for Silver After All FXEmpire
- Silver just broke another record. Here’s what’s driving the precious metal's new price surge CNBC
- Silver’s Rally Fueled by Broad Demand and Speculation: Refiner Bloomberg
- Understanding the relationship between gold prices and the U.S. dollar: What to know for 2026 CBS News
- Silver is having a meme-stock moment. Just look at these 3 charts. MarketWatch
Reading Insights
Total Reads
1
Unique Readers
15
Time Saved
38 min
vs 39 min read
Condensed
99%
7,675 → 54 words
Want the full story? Read the original article
Read on FXEmpire