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SUBSCRIBE to Our Channel: www.youtube.co... Not surprisingly, it was an up-and-down holiday-shortened week in gold and silver price action with the first few days of derivative-driven price discovery being dominated by Asian trading, only to let the COMEX shorts paint the tapes lower to close the week.
The spot gold price finished at $2,330 oz bid and the spot silver price stayed strong to importantly close the month with the spot price taped above $30 oz for the monthly price breakout watchers out there in the hyper levered derivative markets.
The spot gold-silver ratio finished the week down and then up, basically flat at 76: SDBullion.com/...
For those looking to buy the spot price dip in silver, look no further than this proper low premium sale on Pre-1964 US 90% silver coins at SD Bullion:
SDBullion.com/...
We're certainly not minting any more of them anytime soon. Over the past 60 years, much has been lost to industrial melt-age.
And from time to time, their price above spot premiums blows sky high, reaching nearly 50% above silver spot prices during both the 2008 GFC and, more recently, in late 2022. If you don't think that will happen again, I have a bridge to sell you instead.
That will be all for our weekly SD Bullion Market Update.
And as always to you out there, take great care of yourselves and those you love.
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