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 Wed, May 24, 2017 - 6:09am

PM Daily Market Commentary - 5/23/2017

Gold fell -9.70 [-0.77%] to 1250.80 on very heavy volume, while silver dropped -0.10 [-0.55%] to 17.06 on heavy volume. Gold traded sideways in Asia and London, only to start its plunge right when the US market opened. Gold didn't stop falling until the close. Silver was substantially stronger, making a new high at the US market open, then falling for the remainder of the day. The dollar staged a rally today, which roughly coincided with the drop in PM.

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