Wednesday, November 25, 2020

Tag: Market Report: Is this a major turning point?

Market Report: Is this a major turning point?

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by Alasdair Macleod, GoldMoney:

The period of consolidation for gold and silver appeared to have come to a dramatic end yesterday (Thursday) in heavy futures volume, with gold rising $30 and silver by thirty cents. There was more than a touch of bear squeeze involved, particularly for gold. In this morning’s trade in Europe (Friday) prices were steady, leaving gold up a net $21 on the week at $1221, and silver unchanged at $14.62.