Another Regional Bank Buckles; Gold & Silver Prices Pull Back

8:55 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/05/11/another-regional-bank-buckles-gold-silver-prices-pull-back-002740

Silver prices (and to a lesser extent, gold prices) have pulled back this morning, with silver dipping well below $25. The key price levels to watch are the $2,080 all-time gold high and $26 silver. A breakout above these levels would be extremely bullish. PacWest Bank is back in the news this morning with another 20% crash in its stock on news of a huge outflow of depositors.

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