Gold Prices Mark Best Quarter Since 2007, Silver Follows
U.S. gold prices finished higher Wednesday, capping their seventh straight quarterly increase and marking their best quarterly performance at 12 percent since the third quarter of 2007.
Silver followed gold, rising 6.7 percent in the second quarter to string together a streak of six consecutive quarterly wins. Other metals fell during the prior three months, however, with platinum and palladium declining 6.7 percent and 7.4 percent, respectively.
In black gold, crude oil fell further behind as it registered a 9.7 percent quarterly loss for its first decline since the fourth quarter of 2008. U.S. stocks posted double-digit percent losses during the second quarter.
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