BOTH GOLD AND SILVER RALLY ON SIZEABLE BUYING

BOTH GOLD AND SILVER RALLY ON SIZEABLE BUYING

GOLD

In the past month, Dow Jones Stocks have dropped 3,237 points (7.25%), the NASDAQ is down 2,223 points (11.34%), and Bitcoin is down 17,127 (17.5%) while Gold and Silver have moved higher. If it isn’t clear yet, in times of political chaos and global uncertainty, investors run to safe-haven investments like Gold. This morning in overseas trading, Gold reached a low of $2,878 before finding sizeable buying, which took the price back above $2,900 and kept on moving higher.

At 11am PT today, Gold is trading at $2,915 per ounce, up $32 on excellent volume.

SILVER

Silver tested its $32 resistance level this morning when Gold hit it lows. Silver reached a low of $31.81 before major buying started, taking the price to over $33 per ounce.

At 11am PT today, Silver is up $0.75 per ounce, at $32.75 on strong trading volume.

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