Gold, monthly
Silver, monthly
Summary
Suffice to add, it was certainly a difficult month for the precious metals, and related mining stocks.
Keep in mind the USD, which has been in cooling mode since a bearish break in late April. Indeed, when you consider the weak USD, the precious metals are actually weaker than on first look.
Dr Copper is an indirect bullish sign, as its close to breaking and holding above the key $2.70 threshold.
