$GLD and $SLV Prices as of December 26 2018 @moneymetals

10:50 AM


December 24, 2018 -- Gold and silver markets enter this holiday-shortened trading week with some safe-haven buying momentum building.

Markets are down sharply again this morning after the S&P 500 plummeted by 7% last week – its worst weekly performance in several years. But precious metals are showing tremendous relative strength.

While silver did encounter some mild selling on Friday below the major $15.00/oz resistance level, it's up again today until bulls can finally push prices cleanly above $15, the market will remain in its current multi-month price range.

Trading around the Christmas and the New Year’s holidays tends to be thin. That can lead to illiquidity in volatile markets, which in turn in can amplify market gyrations.



Check out live precious metals prices here:
https://goo.gl/gy5XMA

You Might Also Like

0 comments