Profile image
By Tears of the Moon (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Black Friday Madness comes to Gold and Silver Markets

Friday, November 28, 2014 20:05
% of readers think this story is Fact. Add your two cents.

Seems the Gold and Silver markets have embraced the Black Friday sales concept and sold off, giving shoppers sale prices on both metals.

Gold was down 2.5% and silver down a massive 6.64% for the day. In Australian dollar terms it meant that gold was off $30/oz and silver off a whopping $60/kg!

Several factors seem to be in play at the moment, the Swiss Gold Referendum is on Sunday (polls indicate a No vote) and the continuing slide in the oil price have both weighed down the gold market and which has been amplified in the much smaller silver market.

B4INREMOTE-aHR0cDovLzQuYnAuYmxvZ3Nwb3QuY29tLy1VaHdhY3J6NU1HOC9WSGt6bjJaOWZ5SS9BQUFBQUFBQU5EQS9NQ1Q0bzg1ZXAwZy9zMTYwMC9nb2xkXzNkX2Jfb19VU0QucG5n

B4INREMOTE-aHR0cDovLzIuYnAuYmxvZ3Nwb3QuY29tLy1ldXE0cFZaS3pkby9WSGt6cW8yVHlESS9BQUFBQUFBQU5ESS9lSU5xa1RRdDd0WS9zMTYwMC9zaWx2ZXJfM2RfYl9vX1VTRC5wbmc=
charts from goldprice.org


Source: http://ausbullion.blogspot.com/2014/11/black-friday-madness-comes-to-gold-and.html

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

Loading...

Top Global

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.