Image Source: Pixabay
 

After last week's sharp sell-off in the gold and silver markets, it can be somewhat natural to wonder if the direction of the trend has started to shift.

Although much like we discussed in this column last Wednesday, it seemed more likely than not that what we witnessed was a somewhat normal correction (even if the normal corrections in the precious metals markets are often rather sharp and jarring).

But in either case, the prices of both gold and silver were up on Monday. The gold price is amazingly only $81 away from its all-time high of $3,509 set earlier this year.
 

The silver price also had a strong day on Monday, rising 51 cents to $37.44.
 

In terms of some insight into what is driving that pricing, I have a few reports from Metals Focus that I've been wanting to go through the highlights of, and we will cover the first one today.

One of the things that I like about the Metals Focus research is that they do have people around the globe who are talking to the refiners and industrial users, and what they share falls in line with what you've read in this column over the past year.

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