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Gold $1,999.62 $(3.35) -0.17% Silver $23.01 $(0.01) -0.04% Platinum $922.46 $3.13 0.34% Palladium $943.88 $(1.15) -0.12%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

From a technical perspective, we give the edge to the bear camp with August #gold near the middle of the last month's consolidation zone and probing lower in a fashion that could target $1950.

From a fundamental perspective, the bear camp also has an edge with the #dollar initially making a 3-day high and extending the recovery off last week's spike-down move.

Even investors have turned cool toward gold with Friday presenting a 15th straight day of outflows from gold ETF holdings...[MORE]

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