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Barchart
Barchart
Jim Wyckoff

Special Report: This Is What Recent Price Action in Gold, Silver Is Signaling

silver Gold Comex Barchart

February Comex gold (GCG26) futures Friday hit another record high of $4,584.00 an ounce. March Comex silver (SIH26) prices today hit a new record high of $82.67 an ounce. The price moves in silver over the past few sessions are stunning. Friday’s daily price gains in silver (up over $7.00 on the day) are more than what the price of the silver market traded at in the mid-1980s, when I started covering the metals. Following are some observations from this 40-plus years participating in the metals market. 

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