The silver markets got a horrific beating on Monday, and now it looks like we are going to continue to drift a bit lower on Tuesday. That being said, we now have to start asking whether the trend has changed?
Silver Markets Technical Analysis
Unfortunately for retail traders, many of them take a look at the chart…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
