• +1 (312) 549-9986

Gold $3,277.63 $47.64 1.48% Silver $32.87 $0.53 1.65% Platinum $1,039.95 $39.31 3.93% Palladium $1,005.55 $31.2 3.2%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

With a definitive upside breakout extension in the #dollar to the highest levels since March 27th this morning the downside pressure in #gold and #silver is expected to extend today.

Strength in the dollar is likely the result of emerging hawkish views toward the US Federal Reserve stance in the June 13/14th FOMC meeting.

While reports of progress on the debt ceiling negotiations lower the prospect of default, until an actual deal is inked traders should fear a breakdown in talks and a last-minute drama of some sort...[MORE]

Please subscribe to receive the full report via email by clicking here.

Leave your comment