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Gold $3,184.81 $(55.88) -1.72% Silver $32.06 $(0.57) -1.74% Platinum $983.50 $(7.9) -0.8% Palladium $959.84 $7.2 0.76%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

While the dollar has retrenched from a fresh spike up new high for the move this morning, the bias in the dollar remains up to start today.

However, soft US housing data could provide a brief respite from the strong dollar for gold and silver longs this morning.

Unfortunately for the bull camp gold and silver ETF holdings continue to decline highlighting a lack of small investor interest in one niche of the metal markets.

On the other hand, Citi has doubled down on its bullish gold price forecast projecting gold to reach $3000 in the next 6 to 18 months...[MORE]

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