Silver's Revenge π The Daily Chart Report
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Todayβs Summary
Friday, October 3, 2025
Indices: Russell 2000 +0.72% | Dow +0.51% | S&P 500 +0.01% | Nasdaq 100 -0.43%
Sectors: 8 of the 11 sectors closed higher. Utilities led, gaining +1.16%. Consumer Discretionary lagged, falling -0.64%.
Commodities: Crude Oil rose +0.66% to $60.88 per barrel. Gold rose +1.05% to an all-time high of 3,909 per oz.
Currencies: The US Dollar Index fell -0.15% to $97.71.
Crypto: Bitcoin is currently up +1.51% to $122,428. Ethereum is up +0.77% to $4,522.
Volatility: The Volatility Index inched higher by +0.12% to 16.64
Interest Rates: The US 10-year Treasury fell to 4.121%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Jim Knarr (@ChartMonitor).
- The Silver ETF ($SLV) just printed its third-highest weekly close on record, as the metal tests its 2011 peak and completes a 14-year base.
- The Gold ETF ($GLD) is on track for its best year since inception, gaining +48% YTD. However, Silver has started to outshine, with $SLV now up +65% YTD.
- Jim notes that the Silver/Gold ratio is finally breaking a four-year downtrend, signaling continued leadership from Silver in the months ahead. This also confirms a growing risk appetite for precious metals.
The Takeaway: The Silver/Gold ratio is starting to crack a four-year downtrend, signaling further leadership for Silver while the metal sets the stage for a massive breakout on an absolute basis.
Quote of the Day
βA bull market tends to bail you out of mistakes. Conversely, bear markets make you pay for your mistakes.β
- Richard Russell
Top Links
Bull Market Keeps Printing Records - The Daily Number
Grant Hawkridge looks at the growing number of all-time highs in the S&P 500 this year.
Healthcare Came to Party - The Strazza Letter
Steve Strazza highlights the resurgence in Health Care stocks.
Two Simple Trend Gauges - CappNotes
Frank Cappelleri examines the recent trends and patterns within the market.
Forget the Government Data β This Chart Explains the Deteriorating Labor Market - Opening Bell Daily
Phil Rosen shares a few interesting charts on the labor market.
How Peter Lynch Became Legendary investor, Peter Lynch, Greatest Fund Manager Of All Time - The Compound and Friends
Josh Brown interviews the legendary investor, Peter Lynch, on his illustrious career.
Top Tweets