Spot gold was 1% higher at $2,396.11 an ounce at 9:43 a.m. in London, with the metal on pace for a fourth weekly advance, the best run since early 2023. Silver rallied to as high as $29.2295 an ounce. Still, both metals' 14-day relative-strength indexes are well above 70, beyond the level that some investors see as overbought, potentially heralding a pause.
Shutterstock