Gold And Silver Ending The Year Near The Highs

GOLD

Today is the last trading day of the year 2023, and it’s been the best year since 2020. This is the sixth day in a row that Gold has traded between $2,050 and $2,100 per ounce. Gold breaking above $2,100 is just a matter of a short period of time. I believe 2024 will be an explosive year for precious metal prices, and Gold will lead the way.

At 11am PT today, Gold is trading at $2,064 per ounce, down $10 on light trading.

SILVER

Silver has had a difficult time staying above the key $24 per ounce support/resistance level. Silver traded today between $23.87 and $24.03 per ounce.

At 11am PT today, Silver is down $0.21 per ounce, trading at $23.84 on light volume.