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Spot Gold Rises Above 4,500/Oz While Spot Silver Tops $70/Oz. Precious Metal Shares & ETFs Jump with AGQ up 12%; UGL up 7%

Tiger Newspress03-27 23:17

Spot silver rose 3.96% to $70.8 per ounce; spot gold rose 3% to 4,513 per ounce.

Precious metal shares and ETFs jumped. AGQ up 12%; UGL, HYMC, AG, CDE up over 7%.

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Comment1

  • This day you see what is the real characteristics of a free capitalistic market. There is a real chance the global economy goes into a recession. Thanks to Donald Trump and his irrational behaviour. And precious metals are where the safe(r) harbour is. I think this week's ending is a clear sign of where the market is heading. Until this oil crisis ends, gold and silver will shine.  Next week we will see a true golden week. Especially for Silver which is moving faster than gold lately.
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