
Gold, silver recover from October rout as oil drops, Fed tightening bets persist - Kitco PM Report
(Kitco NewsWire) - Spot gold and silver prices were higher in U.S. trading Monday, recovering from Friday's steep losses as a sharp decline in crude oil prices eased energy-driven inflation concerns and encouraged renewed buying interest in precious metals.
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Gold and silver prices coming dangerously close to capitulation levels – Jesse Colombo(Kitco News) – Gold and silver are testing key support zones which, if definitively breached, could result in a broad capitulation in precious metals, according to Jesse Colombo, independent precious metals analyst and founder of the BubbleBubble Report.Colombo said Friday’s price action is somewhat unusual, because it's not driven by a clear surge in the dollar.










