2pm update – metals and miners

US equities are choppy. Meanwhile, the precious metals are a little higher, Gold +$4 (0.2%), with Silver +0.7%. The miner ETF of GDX is currently +1cent at $33.94.

GLD daily2

SLV daily2

GDX daily

Summary

Gold/GLD: gold printed $2348, if currently $2339. Higher bond yields aren’t helping.

Silver/SLV: silver printed $29.79, if currently $29.63. Daily momentum might turn positive on Wednesday.

GDX: miners broadly flat.

notable gold miner: GOLD

notable silver miner: PAAS

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Equities: sp’60min

S/t momentum continues to swing back toward the bulls.