On Friday gold rose +6.50 to 1235.80 on light volume, while silver rose +0.07 to 16.25 on moderately heavy volume. Both metals managed to find buyers on Friday, but silver actually broke to a new high while gold was happy just to crawl back above its 50 MA.
This week, gold fell -4.30 [-0.35%], silver climbed up +0.89 [+5.83%], GDX rose +3.54%, and GDXJ was up +7.09%, with silver, GDX, and GDXJ all making new highs. Platinum rose +1.92%, palladium climbed +5.06% and copper rose +3.26%. Everything did well except gold.