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 Wed, Aug 24, 2016 - 4:49am

PM Daily Market Commentary - 8/23/2016

Gold fell -1.60 to 1337.60 on moderately light volume, while silver was hit for -0.06 to 18.83 on moderately heavy volume. 

Gold tried rallying modestly today but the rally failed.  Most of gold's modest move seemed to be driven by the buck, which dropped early but rebounded and closed flat by end of day.  Gold in turn avoided making a new low, and for the most part, there was no material change in direction today.

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