Daily Gold News: Tuesday, Mar. 2 – Gold Bouncing From $1,700

Gold is 0.2% higher this morning, as it is trading along yesterday’s daily close. What about the other precious metals? Silver is 1.0% lower, platinum is virtually unchanged and palladium is 0.5% lower today. So precious metals are mixed this morning.

Yesterday’s ISM Manufacturing PMI release has been better than expected at 60.8. Today we will have some Fed-talk. The markets will be waiting for Friday’s monthly jobs data release.