Precious Metals Firm, Post Weekly Gains
Gold and silver futures held onto the majority of their gains on Friday, fueled by weakness in the U.S. dollar and a broad-based rally in the commodities complex.
COMEX gold futures for August delivery settled higher by $26.70, or 1.7%, at $1,592.00 per ounce. In doing so, the yellow metal snapped a three-session losing streak and turned higher for the week, by 0.8%.
Silver underperformed gold on Friday, but still managed a larger weekly advance. COMEX silver futures – per the September contract – finished up by $0.21, or 0.8%, at $27.37 per ounce today and extended their week-to-date gain to 1.7%.
Gold and silver shares were buoyed by strength in precious metals, as the Philadelphia Gold & Silver Index (XAU) traded up by 1.4% at 149.89 this afternoon. Notable XAU components in the black included AngloGold Ashanti (AU) and Royal Gold (RGLD) – which climbed by 1.1% to $32.75 and by 1.5% to $74.67 per share, respectively. Nevertheless, the XAU remained sharply lower this week, by 4.8%.
Among other precious metals, platinum futures jumped $22.70, or 1.6%, to $1,435.20 per ounce. However, platinum still fell 1.0% this week. Palladium rose $10.85, or 1.9%, to $585.65 per ounce on Friday and extended its weekly advance to 0.9%.
As for cyclical commodities, copper futures added $0.09, or 2.6%, to $3.50 per pound and also posted a weekly gain of 2.6%. Crude oil rose $1.02, or 1.2%, to $87.10 per barrel and finished the week up by 3.1%.
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.