New all time highs for gold
The price spot gold has just breached above the $2000 level for the 1st time ever. The price has reached $2000.21. That is up around $23 or 1.17%.
Meanwhile silver is outpacing the rise with a gain of $1.43 or 5.88% to $25.73 (see chart above). Last week the price of silver reached a high $26.20. The current price is still below that level.
Technically the price of silver held support against its 100 hour moving average both yesterday and today. The non-trending sideways price action has led to a trend type moved to the upside over the last few hours.
