As mentioned lately, PM’s are running out of gas and failing to pass resistance key point. Technical pressure is also responsible for gold under 1300$ and silver in the mid 19$ without the necessary strength to stay above 20$. On the physical side no much has happened as far as premiums. Market was sleepy yesterday, another grey sign… China and Europe data yesterday just a pinch better than expected are also factors contributing to this general weakness in PM’s. On the numismatic side, the descend of the MS 63 saints is accelerating with yesterday -55$! More updates coming soon, stay tuned! thanks.
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