Gold prices surged more than 5% this week, reaching a three-month high as a weaker US dollar and falling Treasury yields bolstered the appeal of precious metals.
The rally is supported by bullish technical indicators, with silver also seeing significant gains as investors seek safe-haven assets amid ongoing global economic uncertainty.
Intraday traders are facing their biggest test yet as gold and silver prices hit historic highs, forcing a re-evaluation of portfolio strategies in the current volatile market environment.