Gold & Silverbeta

December 11, 2012

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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By davefairtex on Sat, Oct 22, 2016 - 4:13am

PM End of Week Market Commentary - 10/21/2016

On Friday gold rose +0.40 to 1266.70 on moderately light volume, while silver inched up just +0.01 to 17.53 on light volume.   Gold's performance was actually fairly good, considering the dollar had a relatively strong move higher today.

On the week, gold climbed +14.60 [+1.17%], silver moved up just +0.11 [+0.60%], GDX rose +7.09% and GDXJ was up a big +9.82%.  Platinum fell -0.23%, palladium dropped -4.25%, and copper moved down -0.74%.  Miners were the standout performer this week.

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