Gold and silver were hit harder Friday morning than one might have thought after a 'better than expected' jobs report for May.
How better it was is open to question.
I thought it was very interesting that gold finished the day at about 1172 offered, a total loss of about 5 dollars from the previous day's closing price, after a morning drop to about 1162. I am referring to spot prices.
Gold and silver are very oversold here and gold is at the bottom of the trading range of 1170.
There was little action in The Bucket Shop reports.
Let us see what next week brings.
Have a pleasant weekend.
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