Gold & Silver Continue Building Strength as New High Challenged
Welcome to this week’s Market Wrap Podcast (listen below if you don’t want to read), I’m Mike Gleason.
As more cracks in the foundation of the banking system appear, gold prices have once again been knocking on the door of new records, although we’re seeing a pullback here on Friday.
On Thursday, gold rallied up to $2,060 an ounce – nearly reaching its former all-time high. As of this Friday recording, the monetary metal is giving back a chunk of this week’s gains, but still comes in at $2,027 and is holding onto a 1.3% gain so far this week.