Gold, Silver Succumb to Pre-Weekend Profit Taking, Upbeat U.S. Data

Live Spot Gold

SPOT MARKET IS OPEN
closes in 5 hrs. 1 min.Apr 23, 2021 11:59 NY Time

Bid/Ask1776.50 / 1777.50
Low/High1769.50 / 1797.10
Change-7.40-0.41%
30daychg+42.20+2.43%
1yearchg+43.90+2.53%
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Silver Price & PGMs

Apr 23, 2021 11:59 NY TimeKitco 10AM Silver Fix

Silver25.94-0.18
Platinum1226.00+28.00
Palladium2768.00+18.00
Rhodium26000.000.00

(Kitco News) – Gold and silver  futures lost their early gains and are trading moderately lower in late-morning dealings Friday. After posting good gains this week and hitting multi-week highs, shorter-term futures traders in both metals decided to ring the cash register and take some profits heading into the weekend. Also, gold prices were pressured following a U.S. existing home sales report this morning that was very strong, even beating lofty expectations. Still, both gold and silver markets are in near-term price uptrends on the daily charts, suggesting the path of least resistance for prices remains sideways to higher. June gold was last down $8.50 at $1,773.70.

Posted by :

Jack Dempsey, President

401 Gold Consultants LLC

jdemp2003@gmail.com

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