what will the gold, silver price in June 2011

what will the gold, silver price in June 2011 : In his latest observation of the silver price action, author as well as Goldmoney founder and Chairman James Turk said he expects silver to consolidate at present levels as gold plays catch-up to silver’s dramatic rally.

After climbing 27.1% ($47.87) for the month of April, 55.2% ($30.84) since the beginning of 2011, and 156.6% ($18.65) since the close of April 2010, the metal price could most likely consolidate in a “bullish flag” price pattern for a period of time, as it did earlier this year in March, Turk told Eric King of King World News yesterday. Moreover, he warns of increased price volatility for silver as the bull market for the white metal attracts a wider investor following in the coming months and years.

Silver waits for Gold to reach $1,800 by June, says James Turk
If anyone needs a guide to the potential perils of the most volatile of “commodities” markets—the silver market, the lesser-known of the cadre of “real money” advocates, Turk, has navigated for investors turbulent waters of both precious for many years. Read More...

Gold price to decline by 17 percent to $1,290 in June?
There are a number of different ways to look at what has been happening with the price of gold and silver of late and to anticipate what is next in store for this precious metal. One of the most unique ways of assessing past, present and future movement is by taking a look at the “Three Peaks and the Domed House” and “Bump and Run” chart pattern. Indeed, the “Three Peaks” pattern suggests that gold has peaked and will now decline by 17% to $1,290 per ozt. in June. Let me explain. Read More...

Gold Silver Price Today; June Contract Gold Spot Gold; May Contract Silver Spot Silver; Per Gram, Ounce, Kilo; Money Investment News
June contract gold ended the day in the green up by 2.20 at 1495.10 per troy ounce. May contract silver finished higher by .96 at 43.91 per troy ounce. Investors continued the diversification and helped to push gold price per ounce rates above the 1500 mark for the first time. Read More...

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