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, Jun 25, 2016 - 12:47pm

PM End of Week Market Commentary - 6/24/2016

On Friday, gold rose +59.80 [+4.75%] to 1319.10 on massive volume, while silver rose +0.48 [+2.78%] to 17.77 on very heavy volume.  Gold hugely outperformed silver - it was a massive flight to safety following the UK's vote to leave the EU.

On the week, gold climbed +17.50 [+1.34%], silver rose +0.30 [+1.71%], GDX moved up +3.57%, and GDXJ rose +3.60%.  Platinum climbed +1.77%, palladium moved up +2.85%, and copper rose +3.14%.  From the week perspective, everything did well.

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