Market Report: Christmas quietude
Snippet:
Again, precious metals are reflecting a strong dollar, rather than anything fundamentally wrong with gold and silver. The last two months have seen a strong dollar revaluation upwards against all currencies. Gold fell $7 from last Friday’s close, to $1131 in early European trade this morning, and silver by 17 cents over the same time frame to $15.82.
Gold and silver drifted slightly lower over the week in quiet pre-Christmas trade.
Again, precious metals are reflecting a strong dollar, rather than anything fundamentally wrong with gold and silver.
Friday, December 23rd
First published here: Market Report: Christmas quietude
