Gold & Silverbeta

December 11, 2012
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The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

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davefairtex
By davefairtex on Thu, Sep 18, 2014 - 1:21am

PM Daily Market Commentary - 9/17/2014

Gold closed down -11.50 to 1224.10 on heavy volume; silver was off -0.15 closing at 18.55 on moderate volume.  PM traded sideways up until the FOMC minutes release at 1400 EDT; after an initial spike lower it recovered somewhat, but then steadily sold off into the close.  Gold made new cycle lows on the day, while silver managed to remain above its cycle low.

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