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 Thu, Jun 30, 2016 - 7:04am

PM Daily Market Commentary - 6/29/2016

Gold rose 7.30 to 1321.80 on moderate volume, while silver shot up +0.52 to 18.37 on heavy volume.  The BRExit safe haven crash has morphed into a commodity rally.  Silver, palladium, and platinum were the big winners today along with energy.  A falling dollar helped.

Compared to the other PM elements, gold had a bit of a tough time today; gold's rise was just about equal to the fall in the buck, which suggests that gold more or less was unchanged worldwide.

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