Gold & Silverbeta

December 11, 2012

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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By davefairtex on Sun, Aug 28, 2016 - 2:30am

PM End of Week Market Commentary - 8/26/2016

On Friday, gold fell -1.20 to 1320.70 on very heavy volume, while silver rose +0.10 to 18.64 on heavy volume.  Chair Yellen's speech was interpreted by the market as dovish, while the hawkish follow-on comments by Vice Chair Fischer combined to create a very volatile environment for gold and silver.  Although price did not change much by end of day, the trading range was large.

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