Bullion Banks Worried as Gold Breaks Above $2,000 and Silver Approaches $25

November 27, 2023

The bullion banks are becoming increasingly concerned about their short positions as the price of gold closed very close to a major upside breakout above $2,000 and the price of silver continues to surge toward the $25 level.

War In the Gold & Silver Markets Heating Up

November 26 (King World News) – King World News note: With the price of December gold futures closing the week above $2,000, it appears the bullion banks are not in any hurry to get in the way of the rally in gold and may be beginning to worry about their short positions (see chart below).