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Gold $3,364.52 $(6.96) -0.21% Silver $36.40 $(0.01) -0.02% Platinum $1,301.86 $4.61 0.36% Palladium $1,044.95 $0.14 0.01%

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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