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KITCO: Gold bulls flex their muscles; futures prices hit 7.5-yr. high (over $1700/ounce)

Posted By: NaturalWisdom
Date: Monday, 13-Apr-2020 13:08:00
www.rumormill.news/144450

In Response To: AUDIO LINK X22 REPORT - Bigger Than You Can Imagine, [F] Black Sites Are Being Closed Episode 2146 (Powell & FED explained) (Lymerick)

It is becoming increasingly evident by the surge in Gold prices that the artificial lid on precious metals is being lifted and that systematic changes are happening under the radar that will eventually become visible to all...
-NW

Gold bulls flex their muscles; futures prices hit 7.5-yr. high
Jim Wyckoff | Kitco
Monday April 13, 2020

[snip]

(Kitco News) - Gold futures prices are trading higher and scored a 7.5-year high in midday U.S. trading Monday. Bullish traders, who are enjoying a strong technical posture in their metal, stepped in to buy the early weakness today, knowing the path of least resistance for prices remains sideways to higher. A sell off today in the U.S. stock market is also on this day working in favor of the safe-haven gold market. June gold futures were last up $5.30 an ounce at $1,758.30. May Comex silver prices were last down $0.428 at $15.625 an ounce.

The silver market today is acting more like an industrial metal and is under selling pressure, along with the global equities markets.


SOURCE




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