I just noticed gold was up $100 oz and silver is up .89 oz tonight. But already just a few minutes later prices are coming down some but still up big. Seems to be a lot of volatility and Im guessing this might have something to do with the Brexit vote (Britain deciding whether or not to leave the EU) but Im not sure. Im also wondering if this might be the single largest intraday price increase in the history of gold. It will be interesting to see where prices close tomorrow and if gold can finally close over $1300 oz for the first time in 18 months or so.
Seems to be a lot of resistance to gold closing over $1300 oz lately but tomorrow could finally be the day. But if not tomorrow it will be happening soon and the huge rally in overnight trading tonight is just an example of many more huge rallies in PM prices in the weeks and months ahead.
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