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** Market Conditions Alert **
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| Silver and gold have blasted higher today.
The key levels to watch now are $3,500 in gold and $35 in silver. |
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| A decisive break above those price levelson strong volume would point to higher prices in the near term — and the end of a two-month price consolidation following a big up-move in the first quarter of 2025.
After the prior rally and with expectations of seasonal weakness during the summer, technical analysts haven’t been expecting further price advances in the precious metals until at least this fall. |
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| However, last week’s economic data announcements have increased expectations of a Fed rate cut this summer, and the U.S. dollar has also been weakening again.
BOTTOM LINE — the price action in gold and silver continues to be super strong. and a re-rate higher seems to be more a matter of when, not if.
Meanwhile, Money Metals just announced a FREE SILVER BONUS for all $500+ silver orders placed in the coming weeks.
Simply order online or call 1-800-800-1865 to take advantage of this. Don’t miss out! |
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Other Great Options to Consider
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| This copyrighted material may not be republished without express permission. Offer only available through email promotion. Offer does not apply to previous orders and may not be combined with any other offer or program. Special shipping rates or other restrictions may apply to international orders. The information presented here is for general educational purposes only. Money Metals Exchange and its staff do not act as personal investment advisors. Nor do we advocate the purchase or sale of any regulated security listed on any exchange for any specific individual. While our track record is excellent, investment markets have inherent risks and there can be no assurance of future profits. You are responsible for your investment decisions, and they should be made in consultation with your own advisors. By purchasing from Money Metals, you understand our company is not responsible for any losses caused by your investment decisions, nor do we have any claim to any market gains you may enjoy. Money Metals Exchange is not a regulated trading “exchange” as defined by the CFTC and the SEC. |
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