Wednesday, May 7, 2014
Precious metals market is down this morning with AU, AG, PT, and PD trading .32%, .54%, .98%, 1.12% on the downside this morning.
Precious metals market is down this morning with AU, AG, PT, and PD
trading .32%, .54%, .98%, 1.12% on the downside this morning. We have
seen gold trading sideways amid the political turmoil in Ukraine and the
Fed’s decision to taper
by another $10B/month. Investors are waiting for Yellen’s comments
later this morning at 10:00 a.m. Markets will have their ears open for
any indications about when investors should expect to see a raise in
rates. Still no resolution between the Platinum producers
and the AMCU as the strike continues for the fifteenth week. Have a
great day!!
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