It is only down 14 cents and is already trending back up. Welcome to the roller coaster silver ride. TC
I do not know what you are using for your reference. The finalized daily price for gold in US is the closing of the Comex which is ealier than the close of the stock market, or the afterhour market. So the best plan is to find a reliable data and keep it as your comparison. At 5:11 pacific time , I have at 1688.80 ( +1.20) for /GC gold, ]Si @ 31.6, and trending down. Remember tomorrow is a holiday for the US, but trading will occur in many other markets starting in asian pre-market already, so it is difficult to say how much can carry over from friday. The USD is stronger against the Euro at the start, but without the US market in play , it is anyone's guess, IMO.
Corrections shouldn't be a big concern. Besides, since Friday, the price is already closer to $1,700 than it's been in like half a year.
