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Gold $3,345.48 $(26.2) -0.78% Silver $35.95 $(0.47) -1.28% Platinum $1,262.27 $(36.71) -2.83% Palladium $1,043.25 $(3.24) -0.31%

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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