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Silver outperforms gold in recent rally; next target is $33.90/Oz: Barclays

Posted on 23 November 2012

Silver is outperforming gold as metals rise, said Barclays Capital in a daily commodity research note. According to the British bank, a break above $33 an ounce in silver signals further upside toward our targets near $33.90/$34.40.
“We are looking for a similar move above $1,739 in gold to confirm upside toward $1,755 and then $1,775, which shields our greater target near $1,800,” Barclays concluded………………………………………..Full Article: Source


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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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