On Friday gold rose +17.70 to 1280.30 on heavy volume, while silver moved up a huge +0.83 to 17.78 also on heavy volume. Metals traded sideways until just after 0800 EST, at which point both metals started to rally. The rally didn't stop until about mid-day. I didn't see any particular trigger for the move higher. Both metals closed relatively near their highs of the day.
Volume continues to be strong, and silver is now catching up to gold; the gold/silver ratio dropped a big -2.07 this week to 71.99.