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, May 26, 2017 - 4:43am

PM Daily Market Commentary - 5/25/2017

Gold fell -3.10 to 1258.80 on heavy volume, while silver fell -0.08 to 17.14 on moderately light volume. Trading ranges were very narrow in both metals; the spotlight today was on OPEC, where they agreed to extend the current oil supply restrictions for another 9 months. This was treated as a massive sell-the-news event, with oil prices plunging -2.59 [-5.05%] to 48.71.

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