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 Sat, Jul 23, 2016 - 2:49pm

PM End of Week Commentary - 7/22/2016

On Friday, gold fell -7.60 to 1323.40 on moderate volume, while silver fell -0.13 to 19.69 on moderately light volume.  A strong dollar rally and weak commodity prices dragged gold and silver prices lower.

On the week, gold fell -14.30 [-1.07%], silver fell -0.61 [-2.99%], GDX dropped -3.65%, and GDXJ declined -6.07%.  Platinum fell -0.96%, palladium shot up +5.52%, and copper rose +0.11%.   Both PM and industrial metals generally faded this week - palladium was the outlier.

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