On Friday, gold rose +1.30 to 1173.70 on moderately light volume, while silver dropped -0.06 to 15.74 on heavy volume. Silver was hit at around 3am EDT, with silver plunging 35 cents to 15.45 on a huge spike lower. Gold made its low right before US market open at 9:15 EDT. Both metals recovered, with silver's bounce being the more dramatic of the two.
Silver made new lows on the day.
On the week, gold ended down -26.10 [-2.18%], silver fell -0.30 [-1.90%], GDX dropped -2.95% and GDXJ lost -2.74%. It was an unpleasant week for PM.