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 Fri, May 27, 2016 - 3:53am

PM Daily Market Commentary - 5/26/2016

Gold fell -4.50 to 1219.80 on moderately heavy volume, while silver was unchanged at 16.34 on moderate volume.  Gold staged a $10 rally in Asia, then traded sideways up until the US market opened, when it was pounded lower repeatedly, and then drifted sideways into the close.  A weaker dollar was not enough to rescue gold from today's assault.

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