• +1 (312) 549-9986

Gold $3,387.31 $(10.14) -0.3% Silver $38.86 $(0.06) -0.14% Platinum $1,437.60 $(3.35) -0.23% Palladium $1,249.45 $(7.6) -0.6%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a downside breakout in the dollar index overnight to the lowest level since April 12th, a portion of the bear camp should be discouraged.

However, gold has clearly established a pattern of lower highs and remains within the lower quarter of the range of the last 30 days in a fashion that favors the bear camp.

Furthermore, gold ETF holdings yesterday declined by a VERY significant 193,328 ounces for a 0.2% daily decline, with silver ETF holdings declining by 4.3 million ounces in the last two days...[MORE]

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

Leave your comment