Precious Metals Market Report For 29 May 2018

in steemsilvergold •  7 years ago 

Precious metals overview

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Change since previous close


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YTD change


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XAU index

Overview

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Top/flop 5

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Crypto/gold ratio

Daily Bitcoin/Gold ratio

One bitcoin buys 5.77 ounces of gold today. (Zoom in)

Daily Ethereum/Gold ratio

One ethereum buys 0.44 ounce of gold. (Zoom in)

You can see that this ratio topped at 1.05 ounces and then it dropped hard. This is remarkable because Bitcoin did the same thing when it touched 1.05 ounces of gold back in march 2013. (Watch here)

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Thanks @marketmaven1, I like the way you put all the charts on a daily market wrap. Clear and concise. Time to get the gold charts headed in the Green.

Thanks man! Yeah I really think that PM's will explode during the second half of the year. But it's very tricky now with those crazy yield moves during the last couple of days