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Gold, Silver Prices make Great advantage 1.8% on this Week

Gold, Silver Prices make Great advantage 1.8% on this Week.Gold prices nearly $29 dollar when Friday after a pounding loss on the previous day. A weaker U.S. dollar was supportive of precious metals in general. For the week, gold advanced $32.00, or 1.8 percent.

Other weekly great advantage included a matching 1.8 percent for silver and dual 1.1 percent increases for platinum and palladium. Gold was the media headline grabber, rising for three consecutive weeks as other major metals will now attempt a streak beyond one.

On Friday, gold prices of $ 28.50, or 1.6 percent, to $ 1,788.10 an ounce on the Comex December futures contract in New York. The yellow metal ranged from an intraday low of $ 1,745.00 to a high of $ 1,789.40. Gold does not go with a low close twice this week. The biggest decline in three weeks occurred on Thursday when the price fell U.S. $ 32. Volatile swings should instill caution.