Currency fluctuations again are helping to drive prices in the precious metals markets. Gold is resisting the force through up-trending regular trading but silver is having no such luck.

Early in the trading day the U.S. dollar rose against the euro on speculation that during the current European Central Bank meeting, the bank’s head, Mario Draghi, will push back hard against a cadre that wants to start “tapering” asset purchases.

The euro was down a hair against the U.S. dollar. The yen and British pound were up. It’s no surprise there should be conflicted signals among trading trends given the mixed messages coming out of the Fed.