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Gold rallies, following silver, on fresh technical buying

From kitco.com

Gold prices are higher and near this week’s record high, while silver prices are sharply up and poked to a new all-time peak of $95.885, basis March Comex futures. Chart-based buying is featured as both metals remain in firmly bullish technical postures. February gold was last up $43.60 at $4,880.90. March silver prices were up $3.023 at $95.64. The two precious metals saw price gains today despite an uptick in trader and investor risk appetite. President Trump Wednesday afternoon said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a ... (full story)

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  • Category: Fundamental Analysis