First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/08/12/biden-says-inflation-numbers-now-looking-good-002574
Precious metals markets continued rallying early this week. They gave back some of their gains on Thursday. As of this Friday recording, gold prices are up 1.0% for the week to trade at $1,803 an ounce. The silver market shows a weekly gain of 3.1% to bring spot prices to $20.74 an ounce. Platinum is up $20 or 2.1% since last Friday’s close to come in at $971. And finally, palladium is moving higher this week by a robust 5.9% to command $2,309 per ounce.
