Silver has jumped nearly a dollar on the Asian Globex open to $43.76 and rising.
The Doc had a feeling silver would gap up on the Asian open after the strong Friday afternoon rally that took silver from $42 to $43.
Gold has also gapped up on the open to $1870, within $11 of the all-time high of $1881.
Absent another CME margin hike in gold announced tonight, will we see $1900 gold and $45 silver again tomorrow?
SPOT MARKET IS OPEN ( closes in 23 hrs. 7 mins.) | |||||||
Metals | Date | Ask | Change from NY Close | ||||
GOLD | 08/21/2011 | 1868.50 | +14.40 | +0.78% | |||
SILVER | 08/21/2011 | 43.64 | +0.64 | +1.49% |