$GLD and $SLV Prices as of April 3 2017 from @moneymetals

9:21 AM


April 3, 2017 -- Gold and silver markets enter the second quarter of 2017 with healthy gains to show for the first quarter. Friday's close marked the close of Q1, with gold gaining marginally on the week to register an 8.6% gain for the quarter. Silver is up a more impressive 14.2% through the first three months of the year after advancing more than 3% last week.

The near-term technical picture is mixed. Platinum, palladium, and gold mining stocks all under-performed last week.

Gold ran up to nearly match its February high but couldn't break out above it.

More technical backing and filling could be in store in the days ahead. Much will depend on the U.S. Dollar Index (which rose 0.8% in the prior week) and how it responds to the upcoming economic data and ruminations from the Federal Reserve.

Check out the live chart here:
https://www.moneymetals.com/precious-metals-charts

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