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Gold $4,413.30 $(22.59) -0.51% Silver $66.28 $0.21 0.32% Platinum $1,827.15 $9.51 0.52% Palladium $1,390.05 $1.45 0.1%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Today is likely to be a major junction for gold and silver prices with a prevailing bearish tilt likely to be facilitated by financial market action.

However, silver and gold prices could be "saved" with a softer-than-expected US CPI report as that would likely result in lower dollar action and declining treasury yields.

On the other hand, seeing a CPI reading above 0.4% should reignite the rally in the dollar and should lift treasury yields...[MORE]

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