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Gold and Silver’s Pre-Market Rally

August 9, 2017, 8:35 AM Przemysław Radomski , CFA

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Yesterday’s session was quite volatile on an intra-day basis, but in the end, nothing really changed. The only thing that’s worth commenting on regarding yesterday’s session is silver’s small outperformance. Gold and miners didn’t close higher, but silver did – not significantly, but still. This outperformance seems to be present also today as silver moved higher in today’s pre-market trading. Gold moved higher as well, but silver’s $0.35 upswing is more visible. What are the implications?

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