Precious Metals Recap - 10/23/2017

October 23, 2017 3:30PM CDT

December Gold closed up 2.8 at 1283.3. This was 9.7 up from the low and 1.4 off the high.

December Silver finished up 0.00027 at 0.17105, 0.00025 off the high and 0.00235 up from the low.

 

The precious metals have bounced back from early 2-week lows and are near unchanged levels during Monday's trading session. Continued strength in the Dollar was a source of early headwinds for gold and silver. However, continued tensions in the Spanish region of Catalonia have ramped-up risk anxiety on both sides of the Atlantic. Both PGM metals remain in negative territory, although short-covering has helped platinum to outperform palladium.

RJO Futures | 222 South Riverside Plaza, Suite 1200 | Chicago, Illinois 60606 | United States
800.441.1616 | 312.373.5478

This material has been prepared by a sales or trading employee or agent of RJO Futures and is, or is in the nature of, a solicitation. This material is not a research report prepared by RJO Futures Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.