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, May 26, 2016 - 3:39am

PM Daily Market Commentary - 5/25/2016

Gold fell -2.90 to 1224.30 on heavy volume, while silver rose +0.09 to 16.34 on moderately light volume.  Gold sold off in Asia and London until right before the US market opened, making a new low at 1217.70, then rebounding back and recovering most of its losses by end of day.  Silver just moved steadily higher, aided by a rally in copper.  A weaker dollar probably helped too.

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