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Gold $2,670.51 $(9.86) -0.37% Silver $30.79 $(0.17) -0.55% Platinum $939.66 $6.3 0.67% Palladium $979.50 $10.14 1.05%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Even though the overnight declines in gold and silver are modest, the rally in the dollar index is also small leaving currency-related selling in gold and silver somewhat limited early on.

While the decline in gold yesterday was not severe, the market did make a lower low and was pressured by a significant jump in US interest rates.

Fortunately for the bull camp, offsetting the jump in rates was off-balance US dollar action...[MORE]

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