Gold prices had a mostly uneventful week, trading in a narrow range and on track to post a 0.4% gain.
The price of silver is starting this week with a 0.5% gain despite last week’s strong volatility.
The gold price experienced volatility earlier this week thanks to the U.S. dollar and rallying stock market.
However, the metal has proven resilient as it’s still on track for a weekly gain.
The silver price surged 5% last week to close above $17 for the first time in nearly one month.
Silver’s rally came from heated exchanges between U.S. President Donald Trump and North Korean leader Kim Jong Un.
The price of gold rebounded this week as tensions between North Korea and the United States continue to mount. President Trump’s tweet on Wednesday was also a major catalyst for the price of gold.
Silver prices took a 2.5% nosedive last week after the July jobs report smashed expectations.
This sharp decline following a big rebound since July 7 has investors worried the metal will keep falling lower.
The price of gold is on track to post a flat week following four straight weeks of gains.
This has investors wanting to know whether or not the metal will move higher in the second half of 2017.
The price of silver has been in rally mode lately, coming off its third straight weekly gain.
Gold prices are on track to post their third straight weekly gain.
With the metal at six-week highs, investors want to know if it will keep going higher.
The silver price continued its rebound last week from the July 7 bottom.
After rallying 3.7% last week, silver investors want to know if the metal will keep posting gains this year.