• +1 (312) 549-9986

Gold $2,517.47 $12.44 0.5% Silver $28.44 $0.13 0.46% Platinum $944.79 $2.31 0.25% Palladium $977.31 $28.79 3.04%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Once again noted strength in gold and silver prices appears to be taking place in a vacuum, with little change in US interest rates, the dollar, and energy prices overnight.

However, the bull camp is likely benefiting from a surprise jump in Chinese first-quarter gold consumption which increased by 5.9% from year-ago levels.

Apparently, mainland China's March gold imports through Hong Kong increased by 40% from February giving credence to news earlier this month that Chinese investors were seeking to hold gold to avoid weakness in the domestic currency...[MORE]

Please subscribe to receive the full report via email by clicking here.

Leave your comment