Pm’s are hanging on the recent gains and showing some resilient posture for now. The test will come at around 1250-1275$ gold, and $20.50~ silver. Good outlook also in Pm’s compared to other commodities, and holding pretty well also considering the US$ index, and performing better than oil or copper for example. Asia seems to support gold at these levels with their buying. Chinese new year is coming and around that time (January 31) we may see volatility spikes. More updates on premiums later, ciao!
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