Another interesting week with the metals. Take a look at the charts. Isn’t it interesting that the metals did not follow similar paths?
Gold climbed to a new high but then dropped back. Silver did some climbing, dipping back and started upward again. The less notorious metals, platinum and palladium, decided to do some climbing with only minor dips during the week.
Let’s look at the end of the week charts showing the last 30 days’ performance.
First, there’s gold:
Next, let’s look at silver:
And, the white metal, platinum:
Then, there’s palladium:
But, what about the numbers? (Note: this information was pulled at roughly 6 pm Eastern time.)
|30 day high||30 day low||Jun 11 Last||Difference between
High and Low
How does the NY close today, 6/11, compare to the close last Friday, 6/4?
|Jun 04 Last||Jun 11 Last||Percent Change
In absolute dollars, platinum had the biggest Friday to Friday gain at $28, but palladium’s $22 gain represented the biggest percentage increase of the four metals at 5.2% during the week.
With the economic and political negativity, here and around the world, who knows what next week may bring.
But, the metals’ performance continues to be intriguing and interesting to watch.