Precious Metals Crushed but Gold Strengthens in Real Terms

Jordan Roy-Byrne
Author, CMT, and Editor @ The Daily Gold
September 9, 2024

Gold declined by only $3 but Silver declined 3% and the miners lost 6%-10%.

There is technical damage but Gold relative to equities is approaching another critical test that could confirm a new secular bull market.

The Daily Gold

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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.

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