by Mike Gleason, Money Metals:
Coming up later in today’s program we’ve got a fantastic interview with MoneyMetals.com columnist Guy Christopher. Guy shares some helpful tips on how to talk to your family and friends about the importance of gold and silver, and offers up some of his other great insights as well. You won’t want to miss my interview with Guy Christopher, coming up after this week’s market update.
For the third week in a row, the gold market traded up near $1,300 an ounce. And for the third week in a row, sellers came in to defend that major resistance level.
Gold prices currently come in at $1,291, posting a weekly advance now of 0.3%. Silver also shows a small gain, up 0.5% this week to bring spot prices to $17.13 an ounce. Relatively quiet trading is taking place in both the platinum and palladium markets as well, with prices checking in at $984 and $935 an ounce, respectively.
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