November 29, 2017

This morning gold prices are unchanged at $1,294.00/oz.  Yesterday,  GLD holdings fell 85K to just under 27 million oz., the lowest level since September 15 (when gold was trading $1,253.00) as the S&P 500 made another record high and the dollar showed strength. Yesterday,  copper prices fell on Chinese demand concerns and palladium prices rallied to over $1,000.00.