There was something for pretty much every market in the wake of the Federal Reserve policy statement and Janet Yellen’s subsequent news conference, save for the dollar, which lost substantial ground in Wednesday’s session. In the precious group, we saw a roughly 1.5% gain in gold, silver rose 2.3% to finish around $17.20, while platinum and palladium each tacked on about 2.3%. There were decent gains in both base metals and energy markets as well. In the equity space, US stocks finished up 112 points basis the Dow, while the S&P-500 added on 20 points.
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Precious Metals Report March 16, 2017.pdf | 445.66 KB |