Gold and silver continued to surge yesterday with gold up nearly 1% (up $8.25 to $927.80) and silver up 2% (up $0.35 to $17.97). Gold continued to rally in Asia but has succumbed to some profit taking in early trade in Europe.
It ain’t over til it’s over.
That was the message from investing legends Warren Buffett and George Soros yesterday, and the market is taking heed today.
Gold was down $13.90 to $869 yesterday and silver was down 43 cents to $16.73. Gold traded flat in Asia and has fallen marginally in early trading in Europe. But with oil prices rising and inflation pressures increasing internationally, gold will be well supported at these levels.