15th June 2017

 It was a wild day in the gold market; prices opened lower, shot higher during the US open in the wake of a weaker-than-expected May US retail sales report (along with a shooting in Washington DC at a Congressional baseball practice) only to lose ground later in the day in the wake of the Fed Reserve policy statement. By late in the day on Wednesday, gold was down some $6/ounce, spanning a $22/ounce trading range during the course of the session. Silver rose by $.12/ounce, while platinum also gained ground, although palladium ended fractionally lower.