Precious metals have broken out to the upside in a very positive reaction to the FOMC meeting results.


June gold has reached a new record high while May silver reached a 3 1/2-month high early in today's action, and both are holding onto those gains this morning.


Gold and silver have benefited from the sizable pullback in the dollar after it reached a 3-week high before the FOMC meeting results. While the dollar has found its footing, it remains well below Wednesday's high and is providing support to metals markets...[MORE]


Please subscribe to receive the full report via email by clicking here.