• +1 (312) 549-9986

Gold $2,304.35 $(15.21) -0.66% Silver $28.98 $(0.62) -2.09% Platinum $954.86 $(3.77) -0.39% Palladium $895.15 $(7.87) -0.87%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

While gains this morning are not significant in #gold, the market has managed to maintain positive traction despite modest EARLY strength in the #dollar.

However, US treasury rates have posted a lower low in yield, with the lowest yield registered since August 15th. Unfortunately for the bull camp, gold ETF holdings fell by a significant 163,346 ounces yesterday pushing year-to-date sales to 4.1%.

In another negative demand development overnight Chinese net gold imports through Hong Kong declined 26% last month with overall Chinese net imports AT 25.7 metric tons compared to 34.6 in the previous month...[MORE]

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

Leave your comment