Junior Weekly Recap: Brexit, Zinc, Silver

by Gerardo Del Real
Outsider Club

Volatility Picks Up, Silver Soars

As the June 23 Brexit vote nears, we’re starting to see volatility pick up. The dollar gained approximately 0.4% for the week, bouncing back from a four-week low, but despite dollar strength gold saw a weekly rise of approximately 2.7%, holding the $1,270 level. Oil gained approximately 3% for the week, as it held near the $50 level.

The real strength, however, came in the silver market as silver traded above $17.30 on Friday and posted a weekly gain of nearly 6%, the largest gain in nearly two months.

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