Weekly Summary

Currencies, bonds, and US stocks fell this week, while precious metals, gold stocks, and European stocks rose. The strongest asset class was palladium, which gained 3.4%, while the weakest was Bitcoin, which lost 3.0%.

The USD was the weakest government-issued currency, off 2.3%. The Japanese Yen was the "least weak" currency, falling 1.2%. Short term treasuries tracked the dollar's 2.3% decline while long term treasury bonds fell 0.8%.

Stock markets were lower in the US; the Dow Jones Industrials and the S&P 500 were off 1.5% and 1.1% respectively. The Japanese Nikkei rose 0.2%, while the Euro STOXX gained 1.2%.

Commodities were mostly higher, led by the precious metals. Palladium made the largest gains, rising 3.4%. Silver gained 2.4%, while platinum rose 1.9% to close at 24.5 grams per ounce. Crude oil also had a good week, rising 1.0%. The only falling commodities were copper, down 0.4%, and coffee, off 0.3%.

Priced in Gold Weekly Summary

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