Updated
Updated · FX Empire · May 13
Silver Climbs to $87 as Gold Holds $4,500-$4,900 Range on Inflation
Updated
Updated · FX Empire · May 13

Silver Climbs to $87 as Gold Holds $4,500-$4,900 Range on Inflation

3 articles · Updated · FX Empire · May 13
  • Silver rose to $87 and is pressing a $90-$100 resistance zone, with the report flagging a break above $100 as a signal for further upside and possible record highs.
  • Gold stayed trapped between $4,500 and $4,900 even after strong U.S. inflation data, showing safe-haven demand is intact but not yet strong enough to force a breakout.
  • U.S. consumer inflation hit a three-year high in April, a mix for bullion because it boosts demand for hard assets while also reinforcing expectations that the Fed will keep rates higher for longer.
  • Middle East tensions and the coming U.S.-China summit are keeping investors cautious, leaving gold range-bound for now while silver appears to be gathering stronger momentum.
  • A move above $5,000 in gold would point to a fresh rally, while a drop below $4,400 could open the way toward $4,000; silver is seen as the stronger near-term trade if it clears $100.
As a silver supply deficit looms, will it finally outshine gold in an era of persistent inflation?
With AI driving energy demand, will the new Fed chair be forced to choose between fighting inflation and triggering a recession?