Gold Stutters as Bond Yields Tick Upwards
The start of the week saw prices of both silver and gold drop as treasury yields rose ahead of a policy announcement by the Federal Reserve. Silver dropped to $58.12 an ounce, representing a 0.4% decrease. At the same time, gold dropped by 0.1% while palladium and platinum prices rose.
All eyes will be on the Fed to digest whatever guidance they provide about the possible monetary policy for the coming year. Gold industry players like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) will be following the&
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