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Gold $1,926.45 $6.5 0.34% Silver $23.71 $0.32 1.37% Platinum $937.76 $16.93 1.84% Palladium $1,288.38 $28.59 2.27%

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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