GOLD ROME $4,340? The Russian Debt Clock Pump and Silver Explosion in China

[Igor Pereira]

The global financial market entered a new maximum alert stage this Friday. Combining an insatiable physical demand in Asia with unprecedented escalation in the economic war between Russia and the European Union, we are seeing precious metals react with violence.

By Igor Pereira

Gold has sprayed resistance and is now traded to impressive $4,343.66While Silver in China holds a massive prize, swirling the $66 per ounce.

The data arriving from Shanghai this morning was just the fuse. While the West slept, China boosted prices, and the global market followed with an overwhelming force.

Analyze the official report numbers and current movement:

• Silver (Ag T+D SGE): A high explosive +3.31%, closing at 14,925 RMB/kg (approx. $65.85 USD/oz). Silver maintains a significant award on the Western spot price.

• Gold (Au T+D SGE): After closing high in China, the Gold has not stopped rising and is now quoted to $4,343.66 USD/oz, breaking all previous maxims.

• Vaults: The most bullish data is the physical entrance of metal. The SHFE vaults reported a massive entry of +40.321 kg Silver in just one day. This signals that large industrial and state players are storing physical metal aggressively, fearing future scarcity.

The fundamental catalyst for this historic Gold fire today comes from Europe. EU agreed to keep Russian assets frozen indefinitely, eliminating the need for unanimous renewal every six months.

What does that mean? This maneuver was designed to circumvent vetoes from countries such as Hungary or Slovakia. In response, Russia initiated legal proceedings against Europe.

The ExpertFX Analysis: The implications are systemic. O Euroclear (the European clearing house in which these assets are held) is essentially the "passing" of the global financial system, closely linked to the BIS (Bank for International Settlements).

• The BIS is historically the entity that helps to "control" the price of Gold in times of crisis.

• By breaking legal trust in the custody of sovereign assets, the EU has created a scenario where no country outside the Western bloc relies more on maintaining reserves in Euro or Dollar.

We are facing a rally that feeds back (Self-feeding rally). If confidence in the Euroclear/BIS system is shaken by Russian processes or fear of contagion, the only real liquidity outflow is the Physical Gold.

• For Fiat: It is a total loss scenario ("Lose-Lose"). The credibility of the trust system is being sacrificed in an economic war.

• For Metals: The price divergence between paper (future) and physical will increase. China has already noticed this and is cleaning Silver safes (see the 40-ton increase in SHFE stocks).

Recommendation for Traders

The high break in Gold and Silver is sustained by systemic fear and real physical demand.

• Short Term: With the price now in $4,343.66, the former resistance of $4,300 became the new psychological support. The market is in discovery of prices (price discovery).

• Focus: Don't try to guess the top. The moment is of extreme purchasing force. Protect your profits by adjusting the stops for the area of $4,280But let the market run. In Silver, the psychological target now is to stay above $65.00.

• Enter the PREMIUM and receive insights with inputs and all our true market support:https://expertfxschool.com/dashboard

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Stay safe. The market doesn't forgive the inattentive.

Igor Pereira Your ExpertFX School Financial Market Analyst