November 16, 2018

Gold is up $7.20 this morning at $1,221.90, rebounding after dipping below $1,200.00 earlier this week.  The rise comes as the US dollar is down 0.60% this morning after Fed Vice Chairman Clarida struck a more dovish tone regarding the Fed’s benchmark rates than he or other members had in the past.  Palladium reached a new record high today above $1,170.00 as supply concerns caused an influx in trading volume this week.