GLD, weekly
SLV, weekly
Summary
Suffice to say... another rather useful gain for the gold bugs this week.
The big $1500 threshold looks viable for spot gold prices, which should equate to $26/27 for Silver.
Friday, 11 July 2014
Six weeks to the upside
It was a sixth consecutive week of gains for the precious metals. Gold and Silver saw net weekly gains of a rather significant 1.3% and 1.4% respectively. Near term outlook remains bullish, and the big $1500 threshold for Gold looks viable later this year.
GLD, weekly
SLV, weekly
Summary
Suffice to say... another rather useful gain for the gold bugs this week.
The big $1500 threshold looks viable for spot gold prices, which should equate to $26/27 for Silver.
GLD, weekly
SLV, weekly
Summary
Suffice to say... another rather useful gain for the gold bugs this week.
The big $1500 threshold looks viable for spot gold prices, which should equate to $26/27 for Silver.
