Audio: Markets Gyrating Wildly; Another State Removes Taxes on Gold | April 29th, 2022

The strange phenomenon of a rising Dollar Index continued to exert downside pressure on precious metals markets this week. Gold prices are down 1.2% since last Friday’s close to come in at $1,915 per ounce. Silver shows a weekly loss of 4.8% to trade at $23.25 an ounce. Platinum prices are up now by 1.0% thanks to a rally here today and come in at $940. And finally, palladium checks in at $2,339 per ounce after falling 3.6% for the week as of this Friday morning recording.