Silver surge masks quiet risk

Market Overview - Silver has reached a new high, surpassing $90 per troy ounce, peaking at $92.15 before settling at a record $90.869, marking a 5.8% increase [1] - Gold has also seen significant gains, topping out at $4,650.10 per ounce and settling at $4,263.30, up 0.8% [2] Contributing Factors - The rallies in both silver and gold are attributed to global uncertainty, particularly the turmoil in Iran and the potential for regime change [2] - President Trump's comments encouraging protests in Iran have added volatility to the market [3] - Analysts suggest that gold is viewed as a safe haven in times of uncertainty, with calls to buy gold amid geopolitical tensions [4] Performance Metrics - Silver has increased by 26% in just two weeks and is up 212% over the last 52 weeks [5] - Gold has gained nearly 7% for the year and 71% over the last 52 weeks [5] - The relative strength index (RSI) for silver was at 72, indicating it may be mildly overbought, with a potential overbought signal at an RSI of 80 [6] Market Sentiment - There are bullish predictions for silver, with some analysts suggesting it could reach $150 [6] - Changes in the demographics of buyers for silver and gold have been noted, indicating a shift in market dynamics [6]