Gold Tops $4,200/oz as Silver Hits New All-Time High Above $55/oz
COINOTAG News reported on November 28 that the spot silver price breached the $55/oz level, delivering an intraday gain above 3%. The move highlights renewed demand within the precious metals market as investors recalibrate risk and macro catalysts. Liquidity conditions and hedging activity appear supportive, with broad volume across major exchanges and constructive speculative positioning shaping near-term flow dynamics.
Concurrently, the spot gold price advanced, topping $4,200/oz for the first time since mid-November, with a daily gain of just over 1% per GoldenTen. The development reinforces a constructive gold and precious metals outlook, as traders weigh real yields, inflation expectations, and the dollar trajectory. If the trend persists, the metals complex may extend its correlation with macro data surprises and central bank commentary, sustaining risk-off to risk-on shifts.