Gold & Silver Rise as Stock Valuations Become Stretched

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Gold Is Dangerously Under-owned by Americans



Gold traded up to a 9-year high of nearly $1,825 an ounce on Wednesday before giving back a few dollars on Thursday. As of this Friday recording, the monetary metal comes in at $1,813 – good for a weekly gain of 1.7%.

Turning to silver, prices are up 3.7% this week to trade at $18.86 per ounce. The silver market traded up to the $19 level on Wednesday and moved above it during the day on Thursday to reach a slight new high for the year. But it fell back below that level at the close.




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