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Gold $4,539.42 $(3.81) -0.08% Silver $75.63 $(0.24) -0.31% Platinum $1,946.50 $(3.1) -0.16% Palladium $1,369.25 $2.41 0.18%

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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