Posted on 01/13/2026 6:52:58 AM PST by Presbyterian Reporter
(Kitco News) - Gold prices are modestly down and silver prices modestly up in early U.S. trading Tuesday, just ahead of a key U.S. inflation report. Risk aversion remains elevated in the marketplace amid an active geopolitical environment. February gold was last down $25.80 at $4,589.10. March silver prices were up $0.474 at $85.58.
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Silver is trading at $88.77 at 9:51 am EDT.
If interest rates are reduced, the dollar will be even weaker and put more upward pressure on precious metal prices!
Silver up 25% this year alone.
Gold is up over a half a percent at $4624.00 as of 9:55 a.m.
Silver appears to be heading to the moon.
before FDR stole Americans Gold, the ratio was 20 to 1, then devalued to 35 to 1 after the massive theft. Silver still has a long way to go.
The last I looked the gold/silver ratio was closing to 65:1.
Yes, silver and gold are up and look to be trending up not down.
Nice,,,,,,older here also, but gonna be greedy—-waiting for $100/ounce!
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