July 19, 2019

Precious metals continued its bullish run this morning as gold surpassed a six year high in early morning trading on COMEX.  Towards the close, gold would finished down slightly as profit taking materialized.  Gold gained $7.50 (+0.53%) for the week.  Silver, on a similar but more aggressive track, finished at its highest level in a year and gaining $0.95 (+6.26%) for the week.  With a week full of various contributing news cycles from potential rate cuts / lower Dollar here in the U.S. to increased tensions with Iran, both metals are seeing fresh interest through both economic and other global factors.