Slight Rebound For Gold and Silver

Above, 2022 American Silver Eagles. Photo by Armand Vaquer.

Silver's COMEX spot price fell below $23.00/toz yesterday, but according to Kitco News, it has firmed up a bit this morning even though it is still below $23.00.

Kitco News reported:

(Kitco News) - Gold and silver prices are just a bit firmer in early U.S. trading Thursday, after this week's solid selling pressure that drove December gold futures to a 6.5-month low Wednesday. Some tepid short covering in the futures markets is featured in both metals today. A lower U.S. dollar index today is also a friendly daily outside market element for the metals markets. December gold was last up $2.40 at $1,893.30 and December silver was up $0.081 at $22.805. 

To read more, go here.