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Gold $2,467.71 $10.23 0.42% Silver $30.24 $(0.03) -0.1% Platinum $988.77 $(6.9) -0.69% Palladium $939.05 $(13.27) -1.39%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

While gold and silver are tracking higher early today the charts still favor the bear camp from last week's sharp range-down failures which in turn should make the Thursday/Friday lows key pivot point pricing to start the new trading week.

Key pivot point pricing in June gold begins at $2328.10 and at $30.265 in July silver.

Adding to the negative track in gold and silver prices early today is news that Chinese April net gold imports plunged 38% from March which we think was largely the result of historically high pricing...[MORE]

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