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, Dec 9, 2016 - 7:36am

PM Daily Market Commentary - 12/8/2016

Gold fell -3.10 to 1172.40 on light volume, and silver dropped -0.09 to 17.09 on moderately light volume. A very strong rally in the buck following the ECB meeting at 07:45 pulled gold and silver prices lower, although the price drop in PM were quite mild considering the size of the currency moves. Gold actually rallied nicely when viewed in Euro terms.

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