25th February 2017

 Gold prices finished strong this past week, closing at a 3 1/2 month high and boosted in part by a falling dollar and a flattish tone in US equities. In addition to the $6.60/ounce advance we saw in gold, we also had a $.23 advance in silver, with the metal now up for nine straight weeks. Platinum had a strong showing on Friday as well, gaining almost $20/ounce to hit a fourmonth high, although palladium finished slightly lower. Technically, the gold charts are also looking increasingly constructive, especially now that a tight range has been broken (to the upside. Physical holdings in the SPDR Gold Trust are contributing to the advance as well, having risen by more than 5% this month.