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Gold, Silver Prices Sharply Down Amid Bearish Outside Markets

 
MikeLoad
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08/14/2018 05:30 AM
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Gold, Silver Prices Sharply Down Amid Bearish Outside Markets
Gold and silver prices are sharply down and near their daily lows in early-afternoon U.S. trading Monday. Gold notched a nearly 1.5-year low and fell below key technical support at $1,200.00, while silver scored a two-year low. A surging U.S. dollar index and solidly lower crude oil prices were pressuring the precious metals. December gold futures were last down $17.10 an ounce at $1,202.00. September Comex silver was last down $0.24 at $15.055 an ounce.

Read full story >> [link to www.currentnewsblog.com (secure)]
The_Kintner_Boy

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08/14/2018 06:05 AM
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Re: Gold, Silver Prices Sharply Down Amid Bearish Outside Markets
Gold and silver prices are sharply down and near their daily lows in early-afternoon U.S. trading Monday. Gold notched a nearly 1.5-year low and fell below key technical support at $1,200.00, while silver scored a two-year low. A surging U.S. dollar index and solidly lower crude oil prices were pressuring the precious metals. December gold futures were last down $17.10 an ounce at $1,202.00. September Comex silver was last down $0.24 at $15.055 an ounce.

Read full story >> [link to www.currentnewsblog.com (secure)]
 Quoting: MikeLoad


Silver has been on a downtrend for years. Gold has also, but not as severe.

Platinum has taken the biggest hair cut. It was a tad over $1500 just three years ago. Now it's under $800





GLP