
Comex silver futures (SIU25) scored a nearly 14-year high today of $39.85 an ounce as of this writing. Gold prices (GCQ25) today notched a five-week high of $3,451.00, basis August Comex futures. Especially impressive this week is that the two safe-haven metals are rallying at the same time as major U.S. stock indexes are hitting record highs and risk appetite in the general marketplace has ticked up. That’s a solid signal that more price upside in the two precious metals is likely in the near term.