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Gold $2,703.36 $7.29 0.27% Silver $30.88 $0.18 0.59% Platinum $949.90 $9.77 1.04% Palladium $965.50 $2.47 0.26%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

From a technical perspective, we give the edge to the bear camp with August #gold near the middle of the last month's consolidation zone and probing lower in a fashion that could target $1950.

From a fundamental perspective, the bear camp also has an edge with the #dollar initially making a 3-day high and extending the recovery off last week's spike-down move.

Even investors have turned cool toward gold with Friday presenting a 15th straight day of outflows from gold ETF holdings...[MORE]

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