Gold and silver prices are sharply higher in midday U.S. trading Thursday, on strong corrective rebounds and perceived bargain hunting following recent heavy selling pressure. Daily price volatility remains high, which if sustained generally does not favor the bulls. December gold was last up $90.50 at $4,156.50. December silver prices were up $1.259 at $48.94... Jim Wyckoff
Gold and silver prices are seeing a long-overdue correction, with silver’s steeper drop highlighting the liquidity gap between the two metals, but both are still under-owned in portfolios, and the structural drivers behind the rally remain intact, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank... Ernest Hoffman
Gold and silver prices are suffering extreme selling pressure near midday Tuesday. Panic long liquidation and margin-call selling in the futures markets are featured from the shorter-term speculators... Jim Wyckoff
After hitting a record high last week, silver has broken below $50.91 support as the recent liquidity squeeze has eased, raising the risk of a potential drop toward the 50-day moving average near $43.85, according to analyst James Hyerczyk at FX Empire... Ernest Hoffman
The world’s balance sheet is quietly rewriting itself. For decades, the dollar reigned as the unquestioned denominator of wealth — the language through which central banks spoke to one another... Stephen Innes
Silver fell more than 6% in its biggest drop in six months as the broad precious metals group retreated following a furious rally this week... Yvonne Yue Li
JPMorgan CEO Jamie Dimon said it’s “semi-rational” to hold gold given current market conditions, noting that the metal could climb sharply in a volatile environment... Eamonn Sheridan
As gold surged past $4,000 a troy ounce for the first time, China appears to be edging closer to its long-held ambition: becoming a global hub for storing and trading the world’s bullion... Sam Bourgi