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Weekly Market Reports

Gold and Silver See Back to Back Lift This Week

Gold prices ended higher on Monday, receiving a boost as Treasury yields fell and the U.S. dollar weakened. Gold maintained that same momentum on Tuesday. Silver prices also recorded a back-to-back lift. Gold dipped slightly on Wednesday, following a report that said phase one of the U.S.-China trade deal might not be reached this year. Gold dropped to its lowest in a week on Thursday following the Wednesday report on U.S.-China trade potential. Gold prices climbed Friday morning, as weakness in Europe’s economy and geopolitical unrest helped to bolster the haven commodity’s price.

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Disclaimer:
APMEX Market Reports provide our readers with a review of spot price activity and some of the factors that may be affecting the market for Precious Metals. While the information is obtained from sources we believe to be reliable, we do not guarantee its accuracy or its completeness and we encourage you to conduct your own investigation prior to making any decision based on the information. The Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies.

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