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Gold $2,334.42 $1.13 0.05% Silver $30.37 $0.04 0.13% Platinum $1,032.04 $3.11 0.3% Palladium $978.00 $12.91 1.34%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Gold and silver prices remain on a liquidation watch, with silver breaking out down early and gold also nearing a downside breakout in the early going.
 
In addition to strength in the US dollar, the metals are also undermined by an upside breakout in US treasury yields.
 
Adding to the interest rate pressure on gold and silver prices are comments from the J.P. Morgan CEO who suggested investors should prepare for a 6.75% Fed funds rate...[MORE]
 
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