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Gold $3,414.43 $87.58 2.63% Silver $32.88 $0.38 1.17% Platinum $971.85 $9.25 0.96% Palladium $947.61 $(6.04) -0.63%

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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