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SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1 Lots of interesting gold-related reports mainly focused in and out of London to India this week. Repatriating 102 metric tons of her gold bullion reserves from London recently. India is also beginning to flex its growing silver market muscles as well.
This week, the silver and gold spot price markets in fiat US dollar terms were a mixed bag.
The spot silver price closed weakly, retesting to around the $ 32.50 oz mark to finish the week.
The spot gold price pulled back today after hitting another record nominal price high yesterday to close just under $ 2,750 oz ask.
The spot gold-silver ratio popped on gold’s relative strength over silver to end the week, ballooning upwards to 84.
That will be all for our weekly SD Bullion Market Update.
And as always, take great care of yourselves and those you love out there.
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