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Gold $4,062.09 $(21.93) -0.54% Silver $58.38 $(0.44) -0.74% Platinum $1,616.15 $(5.98) -0.37% Palladium $1,197.38 $(9.18) -0.76%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a three-day high and a developing pattern of higher highs and higher lows, the technical picture for gold has improved.

However, with a stronger Dollar to start, the positive start in gold and silver might indicate the metals are embracing flight to quality uncertainty from China which saw a major property company forced by a Hong Kong Court to liquidate its assets.

The markets continue to see chatter regarding rate cuts from the ECB and stories suggesting the Fed is already acting which signal a pivot...[MORE]

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