by Alasdair Macleod, GoldMoney:
Gold rose on the week, but silver was barely changed. From last Friday’s close, gold rose $47 to $1728 in early European trade this morning, while silver rose five cents to $15.23 on the same timescale. While silver still has a lot of catching up to do, in percentage terms it has outperformed gold since the mid-March sell-off. However, on the year that still leaves silver down 14% on the year so far, while gold is up 14%.