US equities are battling to build broad gains. Meanwhile, the precious metals are a little mixed, Gold +$8 (0.4%), with Silver -0.2%. The miner ETF of GDX is currently +2.3% at $36.94.
GLD daily2
SLV daily2
GDX daily
Summary
Gold/GLD: gold printed $2393, if currently around $2377. New hist’ highs >$2454 appear probable before end month.
Silver/SLV: silver printed $31.45, if cooling to $30.92. Today’s perform’ is lousy. Things turn interesting >$32.00, and decisive >$33.
GDX: miners powering upward… far outperforming gold/silver.
notable gold miner: NEM
Helped by CIBC, 46>61.
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notable silver miner: PAAS
Pan American set to clear the May highs. Soft target $28s.
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Equities: sp’60min
… still clawing upward, with momentum having turned positive.