Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
The long-awaited breakout in gold and silver may finally be upon us.
The gold market had been knocking on the door of the $1,800 level for the past three weeks. On Thursday, prices pushed strongly above that resistance line to close at $1,822 an ounce. As of this Friday recording, spot gold trades at $1,841 and is up 3.7% for the week.
Turning to silver, the white metal...