Why gold and silver up so much overnight?

Gold has been consolidating for 18 months. Easily due for another big leg up.

 

i have had a similar feeling. the only thing i can link it to that might have some ground was a post blsh made a few days ago something to do with the end of september.

 

You first have to ask yourself is gold up relative to what?

US Dollar yes.

Any other currency no.

 

gold and silver have a seventy percent correlation to the value of the dollar in the opposite direction. it is important as they dollar is so important for trade and for oil.