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Craig Hemke - Gold $5,000 & Silver $80: Technical Trends and Policy Shifts

The KE Report Apr 20, 2026

Summary

Gold nearing $5,000 and Silver around $80 driven by thin Comex markets with multi-decade low open interest creating increased price volatility.

Central bank demand remains a key fundamental driver despite Turkey's sovereign gold sales causing a temporary 'London Plunge' in global prices.

Potential Fed rate cuts, Kevin Warsh nomination, and whispers of U.S. Treasury gold revaluation could serve as major macro catalysts for precious metals.