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Silver Continues to Pressure Upside

During the trading on Friday, we saw the silver market initially dip, only to turn around and show signs of strength yet again. Because of this, I think the market is likely to continue to be bullish.

In general, this is a market that’s been in an uptrend for quite some time and if we are in fact going to continue to see inflationary issues, things like silver, commodities and stuff could get a little bit of a bid. We’ll just have to wait and see.

Source – FXEMPIRE / Written by Christopher Lewis

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    Spot gold fell 0.1% to $3,030.13 an ounce, as of 09:35 a.m. ET

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    “I expect gold to trade roughly where it is now, give or take about $25,” Melek said.

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