When is Silver Going to Finally Break Out?
Washington DC Policy Debates Now Rely on Central Bank Stimulus https://t.co/dlvL2OXLR7
— Money Metals (@MoneyMetals) June 28, 2019
Washington DC Policy Debates Now Rely on Central Bank Stimulus
The standout performer this month has been gold, breaking above $1,400 an ounce. Meanwhile, the raging palladium bull market is still powering ahead – with prices on the verge of posting new all-time highs. Even the lagging metals, silver and platinum, are showing signs of lifting off major bottoms.
For the week, gold is up 0.9% to bring spot prices to $1,412 an ounce. Silver shows a weekly decline of 0.5% to trade at $15.33. Platinum looks higher by 2.6% since last Friday’s close to come in at $834 per ounce. And finally, palladium trades near a record high this Friday morning at $1,557 thanks to this week’s 4.5% advance.
