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Gold $2,374.05 $(11.5) -0.48% Silver $28.13 $(0.72) -2.5% Platinum $965.16 $(6.81) -0.7% Palladium $1,029.88 $(1.51) -0.15%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Not surprisingly, gold and silver are benefiting from the uncertainty created by the attack on Israel by Hamas.

Fear of hostilities throughout the Middle East usually results in a knee-jerk reaction rally in gold, especially with respect to events involving Iran.

However, many gold traders are rightly suspicious of the rally and are likely to step into fresh short positions once it becomes clear other countries/parties are not entering the conflict...[MORE]

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