Haystack 2016

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Gwyde
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Re: What's left of the 2016 gold rally

Post by Gwyde » 03 Jan 2017, 16:42

Gwyde wrote: Couldn't correct a typo anymore, so here's the paragraph again.

It is illustrative that, despite timid advances of precious metals since before XMas, miners showed resilience with the HUI advancing 7.9% over the short trading week (moreover despite sliding towards 2017 on Friday Dec 30). Gold was up 1.65% over the week, while silver only added 1.28%. The PGM's were mixed with Pt lagging with a 1.12% advance to $901 but Palladium showing more vigor: up 2.9% to $678.


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