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Very Quiet With A Slight Upward Bias For The Metals

(Kitco News) – Gold remains range-bound with a slightly higher bias on a moderately weaker dollar. Expect the range to move up to $1,335 – $1,348 today on the back of the weaker dollar, but no catalyst to push it through. The market will await Janet Yellen’s comments on Friday, before any new level is seen. Silver has seen some bargain hunting under the $19 handle.

What you missed on this week’s For Pete’s Sake show:

By Peter Hug, Kitco Metals Global Trading Director; phug@kitco.com