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Gold and Silver Mark First Weekly Gains in Four Weeks

From coinnews.net

Precious metals mostly declined on Friday, while posting mixed results for the week, with both gold and silver gaining for the first time in four weeks, and platinum and palladium falling for a second week in a row. Gold for August delivery lost $25.90, or 1.3%, to settle at $1,969.60 an ounce on the Comex division of the New York Mercantile Exchange, trimming its weekly gain to 1.3%. On Thursday, gold ended at its highest point since May 15. Year to date, the yellow metal is showing a gain of 7.9%. As we look ahead to next week, Kitco News offers the following forecasts via their Wall Street & Main Street ... (full story)

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  • Category: Fundamental Analysis