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Gold $3,961.65 $1.99 0.05% Silver $48.31 $(0.19) -0.39% Platinum $1,615.81 $(7.5) -0.46% Palladium $1,327.68 $3.17 0.24%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Even though the dollar has not posted a higher high for the move yet today it remains near breakout pricing and should remain a headwind against early gains in gold and silver.

While minimally lower US treasury yields provide a very small measure of week-ending short-covering activity, markets continue to lack a key internal fundamental driving force.

In retrospect, gold and silver withstood hawkish dialogue from three Fed members this week potentially signaling thinner and more orderly declines ahead...[MORE]

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