Zaner Daily Precious Metals Commentary
Tuesday, September 12, 2023At least to start the Tuesday US trade, outside market influences of the dollar (the dollar did reject initial weakness) and US treasury rates narrowly favor the bull camp.
However, gold and silver have not embraced noted support from outside markets recently and that might be the result of residual global #inflation readings keeping a measure of rate hike prospects in place.
In fact, Spain overnight registered a hot +0.5% monthly wholesale price reading and there are concerns that tomorrow's US CPI report will match expectations of a gain of 0.5%...[MORE]
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