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, Jul 3, 2015 - 2:40am

PM Daily Market Commentary - 7/2/2015

Gold fell -2.60 to 1165.20 on moderately heavy volume, and silver rose +0.13 to 15.65 on moderately light volume.  Gold sold off steadily starting in Asia and London, only to rally sharply immediately following the Nonfarm Payrolls report at 0830 EDT, which came in unexpectedly soft, pushing gold back up to almost even and printing a hammer candle.  Silver looked stronger - moving sideways during London and rallied along with gold following Nonfarm Payrolls.

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