2pm update – metals and miners

US equities remain a little choppy. Meanwhile, the precious metals are leaning weak, Gold -$7 (0.3%), with Silver -0.5%. The miner ETF of GDX is currently -1cent at $41.53.

GLD daily

SLV daily

GDX daily

Summary

Gold/GLD: gold printed $2964, if cooling to currently $2938. Giant psy’ $3K is clearly coming.

Silver/SLV: silver printed $32.89… partly dragged lower by the marginally stronger dollar.

GDX: miners are broadly flat… restrained by gold/silver.

notable gold miner: GOLD

Choppy morning, but powering upward this afternoon.
BREAKING NEWS: agreement with the Mali regime!

notable silver miner: AG

The 8th day lower of 10.

notable silver miner: CDE

Coeur Mining has earnings in AH.
The company last week finalised a merger with Silvercrest
The stock has lagged the sector for the better part of two decades.

Equities: sp’60min

Chop chop… if a new hist’ high of 6136.