The Phaserl


December in Precious Metals

from Survival Blog:

Gold continued to sputter throughout the month of December, hitting a high of just 1,230 per troy ounce on the 10th, and slowly sinking to a low of 1,175 over the next two weeks, ending on the 25th. Market analysts are again attributing the weak performance of gold to continually sagging crude oil prices globally, lower than expected inflation, and gains to the dollars index. Equities have seen a slow and steady growth throughout December; the Dow Jones in particular saw steady growth over the month, after giving up moderate losses during the second week.

Silver was much the same throughout December, starting the month at 15.75 and ending about even after a month of modest activity.

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