Gold and silver both benefited from a small bump after the Fed announced additional Quantitative Easing yesterday, however, the gain was short-lasting.
Today both metals are well off their weekly highs, representing one of the better buying opportunities we’ve seen in the past few weeks.
Gold has slid over $22/ozt to $1,700, while silver has fallen off ~$1.15/ozt to $32.58. These prices represent some of the lowest seen thus far in December, and are actually quite shocking considering that both metals usually fare very well after Fed action.
To lock in these discounted prices, visit www.JMBullion.com and browse our expanded selection of gold and silver bullion products. We wish you the best of luck with your investments, and as always, truly appreciate your business.