Silver leads gold lower on profit-taking pressure

Kitco notes silver leading gold lower on profit-taking, signaling a classic high-beta washout where silver underperforms during de-risking. Tradeable implication: near-term downside risk is higher in silver (and gold/silver ratio can widen) when momentum funds reduce exposure. Watch key technical levels and intraday liquidity—silver often overshoots, creating tactical buy-the-dip setups if macro backdrop remains supportive. Confirmation should come from yields/USD and futures open interest behavior.