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Gold $3,277.84 $47.78 1.48% Silver $32.84 $0.5 1.54% Platinum $1,040.88 $40.68 4.07% Palladium $1,008.53 $34.03 3.49%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With an overnight explosion in prices, gold reached a new all-time high while silver posted explosive gains and the highest price since February 2013!

With the battle heating up in Gaza, a slight shift in the US Fed policy pendulum in favor of the doves last week, and a strong close last week on rising open interest should leave gold in a position to forge even higher all-time highs.

However, the silver market could become the sleeper market as a cheap gold substitute, especially with a surprise upside extension overnight, given silver is significantly cheaper than gold, and with silver still well below all-time high levels above $50 from decades ago...[MORE]

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