June 6, 2022

Gold fell today on light to moderate trading volume prompted by an up tick in the $US and treasury yields.  Market participant’s fears continue to mount as they wait for next week’s fed announcement on the next round of rate increases.   Gold for August delivery finished the day down a fraction (-.30%) but holding within its two-week range.  Silver for July delivery ticked up .80%, but like gold, remains within its two-week range.