XAGUSD: silver to ~$67 (+2.8% Reuters) as oil/yields ease after Fed

[LondonScalper]

XAGUSD — silver leads the metals rebound

Silver is the stronger tape Friday. Reuters/Kitco had spot $67.03 (+2.8%) by 1141 GMT; earlier Kitco AM was nearer $66.35 (+1.92%). Weekly gain still in play if the afternoon holds.

Drivers are mechanical rather than romantic: crude easing (Brent ~$104, WTI ~$101 on Kitco), 10y UST back toward 4.93–4.94% from a ~5.04% week high, and a dollar that stalled after the Fed hike. Metals are treating Wednesday’s 3.75–4.00% move as digested for now, while still respecting hike-risk if oil/yields reverse.

Levels from the Kitco desk map: resistance 66.97 → 68.33 (then 71.18); support 65.32, then the 62.98 recovery cluster. I favour buying controlled dips only while above 65.32 and while yields stay sub-5%.

Gold is firm but secondary today; silver’s beta is doing the work.

Is 66.97 a break-and-hold level for you into the weekend, or a fade zone?