Gold and silver prices are ending the summer with powerful gains as monetary policy, geopolitical tensions, inflation, and strong industrial demand reshape global markets. Meanwhile, housing, employment, currencies, and crude oil reveal growing signs of economic uncertainty, while China’s strategic focus on gold and shifting Federal Reserve expectations add further volatility.
1. Gold prices are sharply up in midday U.S. trading Thursday, near the daily highs, and are closing in on the recent record highs. Silver prices are modestly higher. More technical buying is featured in both metals, amid bullish charts. June gold was last up $27.10 at $2,239.90. May silver was last up $0.198 at…
The Precious Metals Week in Review – June 30, 2017 – Precious Metals International, Ltd.
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