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Gold $3,674.70 $(15.12) -0.41% Silver $41.77 $(0.78) -1.84% Platinum $1,366.66 $(31.14) -2.23% Palladium $1,155.01 $(23.11) -1.96%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a three-day high and a developing pattern of higher highs and higher lows, the technical picture for gold has improved.

However, with a stronger Dollar to start, the positive start in gold and silver might indicate the metals are embracing flight to quality uncertainty from China which saw a major property company forced by a Hong Kong Court to liquidate its assets.

The markets continue to see chatter regarding rate cuts from the ECB and stories suggesting the Fed is already acting which signal a pivot...[MORE]

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