As the Federal Reserve prepares more stimulus injections into the financial system, investors continue to flip back and forth from favoring safe haven assets one week to growth stories another. This week markets swung back toward growth, perhaps in hopes of progress on U.S.-China trade talks.

Global equity markets got a bounce mid-week. Industrial commodities including copper and platinum group metals also made gains. Bonds, meanwhile, sold off, and gold and silver struggled to hold significant near-term technical levels.

Gold prices dipped on Thursday to test $1,500 per ounce support. As of this Friday recording, gold is struggling to close the week here and comes in at $1,480 and shows a weekly loss of 1.8% now.

Turning to silver, the white metal is down 0.7% this week to trade at $17.51 an ounce. Platinum is up 0.9% for the week, now checking in at $891. And finally, palladium recorded another new record high. The catalytic metal currently trades at ... Read more »