Gold Silver Market Update | In Gold We Trust

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This Podcast – http://www.SilverDoctors.com/precious-metals-market-podcast Silver and Gold continue showing strength as both historic monetary precious metals busted through some psychological price barriers this week.

Recording this on Thursday evening, August 8th, 2019, a night before the week’s trading ends.

The silver spot price is hovering around $17.10 oz in fiat US dollars.

The gold spot price is priced this evening at $1,507 fiat Federal Reserve notes per troy ounce.

Looking at the Silver Doctors’ website poll this week, it appears 75% of those who responded to the survey do not believe the silver spot price will close this week above $17 per troy ounce.

It will be interesting to see if the crowd is proven correct or not. Either way, both metals are trading actively this summer.

As for the Gold-Silver Ratio, we are still at 88 silver vs. 1 gold ounce derivative equivalents. Remains to be seen if silver is going to take a breather before a run higher in value versus gold to come.

This week, we welcome back a returning guest Mr. Ronnie Stoeferle of the ‘In Gold We Trust Report.’

Full Show Notes:
https://SDBullion.com/blog/gold-silver-market-update-in-gold-we-trust

#GoldMarket #SilverMarket #GoldOutlook

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