June In Precious Metals, by Steven Cochran of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. Precious Metals Market Drivers in June Gold started the month under $1,250 an ounce, and climbed over $70 to above $1,320 by the end of the month. Silver gained steadily throughout June, from under $19 an ounce to over $21. Platinum and palladium saw peaks and valleys, due to the on-again, off-again labor negotiations in South Africa that had …