The rest of the precious metals also climbed higher over the five day period; however, palladium was unable to sustain its US$2,200 level throughout the week.
After starting the week at US$1,832 an ounce, the gold price rallied strongly, climbing as high as US$1,893.20 by Thursday (December 17).
An uptick in value for the US dollar weighed the yellow metal down on Friday (December 18), pulling it further away from the US$1,900 threshold.
The rest of the precious metals also climbed higher over the five day period; however, palladium was unable to sustain the US$2,200 per ounce level, slipping below the mark twice before rising back.