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Record highs for gold, and silver soars

It has been an excellent week for gold and silver bulls. But is a correction now due, and if so, how deep and for how long? It looks like being severely limited.

Alasdair Macleod's avatar
Alasdair Macleod
Sep 27, 2024
∙ Paid

Gold continued to make new highs this week, today trading below yesterday’s best level of $2685 spot this morning in European trade at $2660, up $38 net from last Friday’s close. Silver had an excellent run from a low of $30.36 on Monday morning hitting a high of $32.70 yesterday (Thursday) before drifting back to $31.75 this morning. Since 1 January, t…

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