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Gold $4,546.86 $(106) -2.28% Silver $77.58 $(6.37) -7.58% Platinum $1,995.15 $(66.48) -3.22% Palladium $1,416.40 $(30.02) -2.08%

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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