Dash said the nearest resistance levels on weekly charts is at about $1,628 an ounce.
Silver prices for May delivery were slipping 55 cents to $28.66 an ounce, while the
U.S. dollar index was dropping 0.43% to $82.50.
Gold mining stocks were mixed on Friday. Shares of
(GFI - Get Report) were sliding 2.3%, but shares of
(EGO - Get Report) were adding 1.4%.
Among volume leaders, Eldorado Gold was slightly outpacing
(ABX - Get Report), which was trading 2.3 million shares as the stock was losing 0.88%.
SPDR Gold Trust
was off 0.35%, while
iShares Gold Trust
was down 0.26%.
-- Written by Joe Deaux in New York.