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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century

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From: Valuepro9/30/2025 10:13:43 AM
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Interestingly, POG took a leap last night in Asia, and then mid-day their time, it fell off a cliff.

Technical correction? It looks now as if it's trying to recover after falling below $3,800 and then pushing up to $3,830 soon after the opening in NYC. Meanwhile, in mining stocks and generally speaking, PM miners are green this this morning. Juniors and explorers are not doing as well.

Could it be that the chance for peace in the Middle East in putting pressure of PMs for now? If so, that is only one element in price support and that is becoming an increasing smaller consideration. The foot on the scale remains global inflation.

Check the chart here for POG over the last several hours between last evening's trading in Asia going into the opening in NYC. bullionvault.com
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