SD Bullion Weekly
SILVER & PLATINUM Surge on Chinese Premium Gap Ups
Merry Christmas and a peaceful Holiday season to everyone tuning in. On what should have been a slow Christmas holiday, a shortened trading week became anything but.
Basically, all week we witnessed the combination of China's SGE & SHFE precious metals markets ramp in local premiums paid for silver, palladium, and platinum, respectively.
The spot silver price ripped higher this week, closing extremely bullish at over $79 oz bid.
The spot gold price ended the week at $4,531 oz, a new nominal price high, with a weekly close for gold as well.
The spot gold silver ratio ends this week at 57 oz of spot silver to afford one troy ounce of spot gold.
Capital flows and rotations are coming for precious metals; front-running them is best, rather than being late and overpaying in absolute terms.
Merry Christmas, especially to you crazy uncles out there. As time continues onward, they'll finally figure out you're the best crazy like a fox.
Next time we meet, 2026. Gonna be hard to beat this year.
That will be all for this Week's SD Bullion Market Update. As always, to you out there, take great care of yourselves and those you love.
9:32
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