Daily Spot Price Update 3/15/2017

Metal Open Close Change
Gold $1203.52 $1226.76 + $23.24
Silver $17.01 $17.50 + $0.49
Platinum $945.25 $971.70 + $26.45
Palladium $746.35 $774.50 + $28.15

Summary

Despite some predictions, all metals climbed on March 15, 2017.

In response to a strong economy, Yellen and the Fed press forward with their plans to increase interest rates.

The economy certainly responded to the FOMC meeting, and the Fed’s continued diatribe for increased interest rates. While we all welcome a strong economy, some worry that interest rate hikes in a slow growth economy, a recession may be the end result.

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