Gold Market Wire
News, analysis and commentary for gold traders and investors
Precious Metals Update
Silver Gets Beaten Down, While Gold Holds
July 31, 2025 (Gold Market Wire) - Silver, Copper(!) and Platinum have all been sold sharply at the end of yesterday's trade, and in the European market this a.m., while Gold has held its own.
Silver has been hit hard in comparison with Gold:

Our move to close the Gold/Silver diff-short turned out to be the right move. We bailed at the first sign of trouble. Where Silver is concerned, that is often the right move. "If you're going to panic - panic first," as the old adage goes.

Now Mr. Market is back to his old tricks: financing Gold length with shorts in Silver. Our "$3250 Calling?" remark looks like it's about to be fulfilled.
The simple fact remains, a war posture keeps everyone in Gold. So, for a trade, it's best to leave Silver behind, and keep coins in the garden, while we await WW III.