Daily Spot Price Update 11/28/2016

Metal Open Close Change
Gold $1195.13 $1193.09 – $2.04
Silver $16.87 $16.67 – $0.20
Platinum $923.25 $931.30 + $8.05
Palladium $749.10 $758.25 + $9.15

Summary

Gold and silver took small tumbles on 11/28, while platinum and palladium saw more significant increases.

Increasing Strength in Texas Manufacturing

Conducted monthly, the Dallas Fed manufacturing report is a survey that collects data about the operations of Texas manufacturers. Participants are located across the state and represent numerous industries. The collapse in oil prices in 2014 has kept the data in contraction for roughly two years. Though industry professionals now forecast growing strength in the market, even amidst mixed results. Production is picking up, but new orders are still dwindling.

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