The reaction after the U.S. data was pretty clear: metals caught a strong bid and the dollar lost ground.
Spot gold moved up to $4,620 per ounce, gaining 2.42% on the day.
Silver was even more aggressive, with the daily move expanding to over 5% and price reaching $73.7 per ounce.
At the same time, the DXY briefly slipped below 100, which made the shift even more noticeable.
What makes this interesting is the way all three pieces lined up together.
Gold up, silver surging, dollar weaker.
That usually tells you the market did not treat the U.S. data as neutral. It pushed money quickly toward metals, and silver especially moved with real force.
This was not one of those slow sessions where price just drifts higher.
It felt like a direct reaction.
Do you think silver still has more room after a move like this?