For the 1-yr time frame, Gold is up 5%, Silver is up 54%, Platinum is up 36%, and Palladium is down 5% from one year ago.
36%. That is how much the gold price has moved up since we last mentioned Basel III.
The metals have powered through a lot of selling pressure this week, with bullion banks selling paper into the options expiry season.
From this time last year, Gold is up 17%, Silver is up 54%, Platinum is up 29%, and Palladium is up 1.4%.
With its 2021 release, the Platinum Eagle Proof program will kick off a new design run dubbed the First Amendment to the United States Constitution Platinum Proof Coin Series.
Silver being the main beneficiary, up 9% for the week to $27.05. Gold was up 1/2% to $1849, Platinum was up 4% to $1,110, and Palladium was down 2% to $2,298.
We have certainly seen imbalances before, and near implosions, as market rivals have squared off in the marketplace.
For the week, Gold is down 1% to 1840, Silver is down 3% to 24.87, Platinum is down 4% to 1072, and Palladium is down 3% to 2353.
Metals continue to recover this week, with Gold up 4/10% to $1867, Silver up 1% to $25.74, Platinum up 3.2% to $1114. Palladium was down 4/10% to $2426.
It has been a trying week for the metals, but it seems the worst is over for now, and we are beginning to see a recovery.