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Gold $2,929.13 $(3.77) -0.13% Silver $32.70 $(0.11) -0.34% Platinum $980.69 $(1.06) -0.11% Palladium $983.10 $3.41 0.35%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Precious metals have broken out to the upside in a very positive reaction to the FOMC meeting results.

June gold has reached a new record high while May silver reached a 3 1/2-month high early in today's action, and both are holding onto those gains this morning.

Gold and silver have benefited from the sizable pullback in the dollar after it reached a 3-week high before the FOMC meeting results. While the dollar has found its footing, it remains well below Wednesday's high and is providing support to metals markets...[MORE]

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