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Gold $3,326.03 $2.12 0.06% Silver $37.10 $0.11 0.29% Platinum $1,359.94 $1.26 0.09% Palladium $1,140.07 $(3.31) -0.29%

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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