Continued dollar weakness and buying in an oversold market sent gold, silver and platinum higher today. Palladium sat out the recovery from yesterday’s surprise drop in precious metals.
Recent Reports
Yesterday, Fed Chairwoman Janet Yellen suggested that conditions were not quite right for the U.S. central bank to consider another interest rate rise very soon.
When the head of the Fed speaks, people tend to listen more than they do to the secondary (non-voting) members. And today, Federal Reserve Chairwoman Janet Yellen delivered a crystal clear message.
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