Gold Holds $4,605 as Silver, Platinum Extend the Rally
Gold is not breaking out today. It is doing something more useful for anyone trying to decide whether to chase this move: holding the gains from Wednesday's Treasury buyback shock while the market figures out what comes next. December Comex gold (GC=F) sits at $4,605.40, up $34.00 or 0.74% on the day, and spot gold is at $4,530.81 per TradingEconomics, up 9.69% on the month. Silver is doing the more interesting thing. SI=F is up 1.55% to $69.16 and SLV has added 2.75% to $61.66, extending Wednesday's 4.47% SLV surge and pulling the gold/silver ratio down toward 66.6, the tightest it has been in three weeks.
Key Takeaways Gold futures (GC=F) trade at $4,605.40 (+0.74%) and spot gold is at $4,5…
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