Silver Receiving Attention | Kitco News

(Kitco News) – Gold continues to be supported at the $1,322 area, with silver finding new buying interest as it flirted with the $19 handle overnight. Physical silver volumes picked up to the highest level for the month, as the $19 price point became an attractive accumulation level in Asian markets. Yesterday’s consumer confidence number spurred a bounce in the equity market and took the edge off gold’s safe- haven play but the picture remains frothy and risk remains elevated. Weakness continues to suggest accumulation on dips to be warranted.

Source: Silver Receiving Attention | Kitco News