Gold & Silverbeta

December 11, 2012
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The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

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davefairtex
By davefairtex on Fri, Feb 27, 2015 - 4:42am

PM Daily Market Commentary - 2/26/2015

Gold rose +5.60 to 1209.60 on moderate volume, while silver rose +0.02 to 16.53 on moderate volume.  PM rallied nicely in Asia and London trading, only to sell off sharply after the dollar started a very strong rally, with the primary surge in the buck happening after 0830 EST - the time that Durable Goods, Jobless Claims and CPI hit the wires.

CPI-inflation is now negative: -0.2% annualized.  Likely, that's just about energy.

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