All things considered, it wasn't that bad of a day for the Comex precious metals. The hotter than expected PPI led to a sharp selloff in bonds and a surge in the POSX but both digital metals were down less than 1%. Does this mean we might rally back tomorrow? In most cases, yes, but tomorrow is also NYSE option expiration day so a string bounce is unlikely.
For today, a wrap up of all this and, regarding NYSE option expiration, I urge you to read this morning's post. From there, this link:
