Silver falls harder than gold but still has support

The gold bulls with faith in $1522 and their hopes dashed today but silver continues to trade above the 2011 and 2012 lows.

In percentage terms, silver is down 4.5% today compared to 3.8% for gold but silver’s ability to hold above 26.07 is a slight bit of hope for precious metals bulls.

The low so far today is 26.14 but with trading winding down for the week silver is probably safe for now. Last at 26.37.

Silver daily chart April 12, 2013

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