Economic Aid Package Passes Congress
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GOLD
With the $2 Trillion economic aid package passing congress the precious metal markets are staying strong. Supplies of Gold & Silver physical investment product remain short, as demand continues to grow. The short squeeze on supplies of physical Gold in the Comex is causing higher Gold prices for immediate delivery. At 11am PT today, Gold is trading at $1,635 per ounce, up $15 on excellent volume.
SILVER
Silver reached a high of $14.90 during overnight Asian and London trading today. Silver Eagles and Silver Canadian Maple leafs are available, but premiums over spot are higher. Check our website for updated pricing. At 11am PT today, Silver is up $14.74 per ounce, up $0.69 on strong volume.
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Goldman Sachs Says Gold’s Bullish Momentum Remains Even If The Fed Maintains Restrictive Rates By
Mint State Gold
May 1 2024