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Gold $2,385.30 $12.51 0.53% Silver $28.39 $0.12 0.42% Platinum $947.86 $5.43 0.58% Palladium $1,034.08 $7.85 0.76%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a higher high for the move overnight April gold has extended a slight bullish edge into another trading session.

Surprisingly April gold managed the higher high despite a measure of strength in the dollar.

However, a very minor and indirect negative impact on gold overnight came from a very hot New Zealand producer price index reading which for some keeps fear of global inflation in place.

In today's early action traders will be confronted with a US Fed speech, a 20-year US treasury bond auction, and perhaps most importantly the release of the FOMC meeting minutes from the Fed's most recent meeting...[MORE]

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