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What happened to Silver and Gold prices last night at 23-36 hours?


silvergaga

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58 minutes ago, silvergaga said:

Did the bots lose control? Or did the manipulators make a selling killing? While the World was sleeping?

The world was not sleeping, I think it was the trade start at the Tokyo exchange, 9.00 local time. Or, maybe, Sydney...

https://www.usagold.com/cpmforum/goldtradinghours/

Edited by ak74
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Some more, very interesting predictions here,

The extremes are MBTPsilver with £1755 and £21,20 and Fenlander1 with £1582 and £18,20 a £3 spread on the silver price.

Nobody is answering my questions on WTF happened last night to get the all time high UK gold price at £1696,95 and silver at £20,39!

 

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4 minutes ago, silvergaga said:

Some more, very interesting predictions here,

The extremes are MBTPsilver with £1755 and £21,20 and Fenlander1 with £1582 and £18,20 a £3 spread on the silver price.

Nobody is answering my questions on WTF happened last night to get the all time high UK gold price at £1696,95 and silver at £20,39!

https://www.thesilverforum.com/topic/2355-gold-monitoring-thread-£-gbp-only/?do=findComment&comment=997408

Spot gold price rockets through resistance on Sunday evening, setting new all-time highs | Kitco News

Mind is primary and mass-energy is derivative

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27 minutes ago, HonestMoneyGoldSilver said:

Thank you I get it now. As somebody just said on the thread it's been a funny old day. It's a minefield.

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42 minutes ago, silvergaga said:

Nobody is answering my questions on WTF happened last night to get the all time high UK gold price at £1696,95 and silver at £20,39!

Nobody really knows 😅 in my five years in the industry I've seen nothing like it for gold. Such a fast spike and tumble is not how gold usually behaves. Something happened, but we may never know what.

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1 hour ago, silvergaga said:

 

Nobody is answering my questions on WTF happened last night to get the all time high UK gold price at £1696,95 and silver at £20,39!

 

My 50cents opinion:

Last night was a geo-political incident between USA and China. The fear of escalating into a conflict generated the market reaction. After the incident was diplomatically solved, everything was settled.

https://www.dailymail.co.uk/news/article-12823829/China-accuses-U-S-illegally-intruding-waters.html

 

Gold: £1610, Silver £19.85.

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