Spot Silver Jumps 3% to $60.93 an Ounce

Silver's move alongside gold suggests the bid here is macro-driven rather than industrial, since no supply or demand catalyst is cited. That matters for the metals complex, where silver's dual role usually makes it track growth expectations more than pure haven flows. The absence of any stated driver is itself the notable detail: moves without a clear catalyst tend to be positioning-led and can unwind as fast as they appear. Whether gold is confirming the same bid is the open question.