With the dollar posting a technical breakout on the upside this morning, gold and silver bulls are fortunate treasury yields have remained low overnight.
Global economic news overnight was mixed to slightly softer, which might be considered a negative to gold but more so to silver given its industrial focus.
However, the overriding weight on the back of gold prices this morning is clear sentiment from the US Fed chairman that a rate cut in their next meeting in March is not their base case...[MORE]
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