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Gold $2,644.67 $15.44 0.59% Silver $31.22 $0.09 0.29% Platinum $978.75 $6.6 0.68% Palladium $1,084.11 $12.07 1.13%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a fresh higher high in the dollar overnight outside market pressure looks to have extended into another session for gold and silver.

However, continuing dollar strength is no surprise after Fed speeches yesterday confirmed unanimity among Fed members of the need to keep policy restricted for some time to bring #inflation down to the Fed's 2% targeted rate.

In fact, the Fed has definitively stressed the potential long duration of tight policy to achieve their goal...[MORE]

 

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