Gold, Silver Spot Prices Weaker

Above, a 90% silver 1976 Kennedy gem proof half dollar. Photo by Armand Vaquer.

Gold and silver spot prices started the week yesterday on a downward note. It hasn't gotten any better today (as yet).

Personally, I see this as an opportunity to buy more silver (gold is too overpriced for my taste). COMEX silver spot price is around $23.13/toz as this is written.

From Kitco News:

(Kitco News) - Gold and silver prices are weaker in early U.S. trading Tuesday. Technical selling is featured in both precious metals as the charts remain in bearish postures. U.S. Treasury yields have been on the rise and are near multi-year highs, while the U.S. dollar index hovers near a 6.5-month high—both bearish outside market elements for the metals. December gold was last down $5.50 at $1,931.10 and December silver was down $0.105 at $23.28.

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