GOLD AND SILVER (11 / SEP / 2016)


Hello everyone, Sunday is the day which make a quick weekly report because the there is no trade on this day.


PRECIOUS METALS


The premium of gold over silver rose after a run of losses for silver.
The gold / silver ratio 68.98 hill ounces this friday.Meaning that 1 ounce of gold worth 68.98 ounces of silver.This ratio remained as the least of the month.


 GOLD CHART 5 DAYS

 SILVER CHART 5 DAYS

FUTURES


Gold futures rose 0.6% and silver futures closed down 31 cents, or 1.6%.


SPECULATION


Hawkish comments from the Fed caused the S & P 500 index fell 2.5% on Friday, its biggest daily drop since Brexit vote. The Nasdaq Composite Technology also posted its worst week since April.


REFERENCES

http://www.economiccalendar.com/2016/09/10/goldsilver-ratio-rises-as-silver-prices-break-even-for-week/