Gold slipped 1.62% to close at

Gold slipped 1.62% to close at $3,976.24, while silver managed to finish up 1.05% at $49.39, though still well below its earlier intraday high of $51.24.

Looking at the daily chart to see how silver behaved today at that critical $50 resistance level, early in the New York session, it made a sharp attempt to test that level but failed to close above it and then pulled back.

Just a couple of days ago, everyone was celebrating gold’s move above the critical $4,000 psychological resistance level. But with today’s pullback, it slipped back below that level in both COMEX futures and spot.

Silver New High at $66: Gold Starts a Catch-Up Rally?

Silver has broken above $66, while gold has rallied to around $4,350, bringing it within reach of its historical high. ANZ suggests that a deterioration in global growth could push gold toward $5,000 per ounce in 2026, while a stronger US growth outlook, a firmer dollar, or a more hawkish Fed could see prices retreat toward $3,500. What's the driver for gold prices over the next 12 months? Do you view silver & gold's recent strength? Will silver continue to outperform gold? Will gold hit $5000 in 2026?

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