The rate of dollar fell whereas the prices of gold were on highs, throughout the week. As a result of the high prices gold and silver, miners have grabbed the top gain among industry groups for the week.

The European Central Bank’s ranking was 15 on Friday which was higher that it’s previous ranking at 28th position. Some 15 of the 68 stocks in the group hold EPS Ratings above 80. On Tuesday, Goldcorp rose to a 50.90 buy point on a square-box base. It was 7% higher than previous week. Goldcorp holds a Composite Rating of 97.

Gold Fields was at 18.43 buy point on a four-month cup-with-handle base. Barrick Gold was at a 54.36 buy point on a four-month cup-with-handle base. The stock rose by 6%.

Yamana Gold was at a handle buy point of 13.28 on Friday in a in heavy trading. The stock carries a Composite Rating of 92 from IBD. The stock's Accumulation grade has also improved from D to C.

Standard Chartered said that the gold is expected to hit $2,100/oz by 2014 because of its rising demand in Asian market.