May 6: Gold and Silver End Slightly Lower on the Week

Gold jumped up to $1293.76 after the release of this morning’s jobs data before it pared its gains into midmorning, but it then rose to a new session high of $1295.42 in early afternoon trade and ended with a gain of 0.85%. Silver rose to as high as $17.578 and ended with a gain of 0.63%.

Chris Mullen