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Gold $3,374.01 $(13.18) -0.39% Silver $39.09 $(0.16) -0.42% Platinum $1,389.47 $(30.38) -2.14% Palladium $1,267.10 $(6.56) -0.51%

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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