Gold Price Breakout ?June 2019 // Above $1,400

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Precious metals markets are set to close out the week, the month, and the quarter with underlying strength building for some big moves ahead.

The standout performer this month has been gold, breaking above $1,400 an ounce. Meanwhile, the raging palladium bull market is still powering ahead – with prices on the verge of posting new all-time highs. Even the lagging metals, silver and platinum, are showing signs of lifting off major bottoms.

For the week, gold is up 0.9% to bring spot prices to $1,412 an ounce. Silver shows a weekly decline of 0.5% to trade at $15.33. Platinum looks higher by 2.6% since last Friday’s close to come in at $834 per ounce. And finally, palladium trades near a record high this Friday morning at $1,557 thanks to this week’s 4.5% advance.

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