I've been watching this breakout in precious metals very closely, and silver hitting a fresh all-time high is a big deal. It usually moves more violently than gold, so when silver leads, it often signals that the momentum behind the metals trade is strengthening, not fading. To me, this kind of leadership suggests the bull trend still has room to run.

Gold pushing toward the $4,300 level also fits the macro environment. With rate-cut expectations heating up again and real yields easing, the setup for gold is much more supportive than it was a few weeks ago. Every time the market leans dovish, gold reacts immediately — which tells me buyers are still in control.

As for whether gold can reclaim or even break above $4,400 in December, I think it's definitely possible. We're entering a seasonally strong period, and the technical breakout from the consolidation range looks clean. If the Fed confirms a clearer pivot or even hints at a more accommodative stance, I wouldn't be surprised to see gold take out the highs.

Silver's surge is also a positive sign for the broader metals complex. When gold rises alone, it can sometimes be a defensive trade. But when silver outperforms, it usually means investors are leaning into growth, reflation, and industrial demand expectations. That's a healthier backdrop for a sustained rally rather than a quick spike.

Overall, I see both gold and silver moving in the right direction. If macro conditions line up — softer yields, weaker dollar, and clearer guidance from the Fed — then December could easily be another milestone month for precious metals. I'm cautiously optimistic that gold can make another run toward $4,400 and potentially set fresh highs.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.

@Tiger_comments  @TigerStars  

# Gold & Oil Jump on US–Iran Conflict! Safe-Haven Trade Push to $5000?

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