by Gerardo Del Real
The importance of September for the markets is starting to come into focus. Gold fell from a two-week high and traded in the $1,340 range for most of Friday the 19th as several Fed speakers did their usual round of double talk advocating for and against raising rates.
Gold’s two-week high on Thursday and approximately 0.5% gain for the week was in part due to the dollar trading at a seven-week low before an approximately 0.80% drop on Friday.
Silver was hit a bit harder and traded down 2.1% on Friday and registered a 1% weekly decline.
Copper, platinum, and palladium all registered losses on Friday as well.