That is just because of the light trade with many still on holiday.
China is still closed until next week as well and silver is only $75 (not much premium).
So don’t be surprised with some selling next week.
Those coming back from holidays will see a windfall with taxes deferred until next year.
That said … I don’t see any serious weakness in either the broads or PMs until further into the year (second quarter?) … maybe the broads top at options expiry here in January like 2000 (the Dow) at the earliest.
For what that is worth.
Happy New Year All
