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 Tue, Jul 17, 2018 - 7:18am

PM Daily Market Commentary - 7/16/2018

Gold fell -0.80 [-0.06%] to 1241.00 on moderately light volume, while silver dropped -0.03 [-0.16%] to 15.81 on light volume. The buck also fell, losing -0.25%, which said that the metals overall had a fairly unpleasant day; the metals group fell overall, so did crude.

Gold took a first leg down in Asia, dropping along with copper; it fell a second time during the US session as the USD shot higher, closing at or near the lows of the day.

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