Chart of the Day - Thursday, March 27, 2025

🏆 Today's Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). 
 

• It was a solid day for Precious Metals, with Gold closing above $3,100/oz. for the first time in history. 
   
• While Gold is up +2.6% this week, Silver is up +5.6%. It's on track for its best week in six months and its highest weekly close in 13 years. 
   
• It's testing a shelf of resistance from 2012, around $35/oz. If Silver clears this threshold, the next major hurdle is the 2011 peak, around $49/oz. 
   

The Takeaway: Gold's crazy little brother, Silver, is trying to break out. It's on track for its best week in six months and its highest close since 2012.