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IPFS News Link • Gold and Silver

Will Gold and Silver Surge to New Highs in 2021?

• https://www.zerohedge.com, by GoldCore

Gold has pushed past its 200-day moving average and broke upwards through the downtrend line. The gold price has risen 12% in US dollar terms from the year-to-date low set on March 30, 2021, of US$1683.95 to a LBMA pm price of $1887.00 on May 25, with the intra-day price on May 25 touching US$1900. Since the March 30th low, the price has set higher-highs and higher lows on each leg up! Gold and silver are making new all- time highs!

Gold has clearly broken out to the upside in recent days and silver is rallying along with it! Gold has pushed past its 200-day moving average and broke upwards through the downtrend line. The gold price has risen 12% in US dollar terms from the year-to-date low set on March 30, 2021, of US$1683.95 to a LBMA pm price of $1887.00 on May 25, with the intra-day price on May 25 touching US$1900. Since the March 30th low, the price has set higher-highs and higher lows on each leg up! Gold and silver are making new all- time highs!


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