Tuesday 14 October 2025
Home      All news      Contact us      RSS     
wn.com - 4 hours ago

Precious metals hit record highs, but Heraeus analysts say gold, silver “severely overbought”

Precious metals analysts at Heraeus report that the market is showing strong warning signs. Gold, silver, platinum, and palladium are all now considered severely overbought based on key technical indicators. “Silver’s near vertical rally has triggered a series of cautionary signals across both technical and structural fronts,” the analysts were quoted as saying in a Kitco report. On COMEX, the silver contract had breached the $50 per ounce mark for the first time on Monday. Spot silver had climbed to $51 an ounce last week. Source: KitcoWarning signs The Relative Strength Index (RSI) has been...


Latest News
Hashtags:   

Precious

 | 

metals

 | 

record

 | 

highs

 | 

Heraeus

 | 

analysts

 | 

silver

 | 

“severely

 | 

overbought”

 | 

Sources