July 23, 2020 - (Gold Market Wire) - Gold prices are playing catch up with the recent mania in Silver by taking on nearly a full 1% increase today, so far. Gold has digested Silver's rally and is lending credence to the move by rising strongly.

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Gold's action is a slow motion reverberation of Silver's recent moves to the upside, which have been powerful, to say the least. Today, may even see Silver register a 'red' day, although we wouldn't bet on it. It seems a completely new notion to keep an eye out for Silver having a down day, strange as it seems.

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Of course the question on everyone's mind in the Gold market, "if Silver led us up here, is it about to lead us back down?"