Opportunistic buyers are starting to emerge in the gold market after the biggest selloff in years, helping to keep bullion’s record-breaking three-year bull run intact.

Platinum traded near $1,870 on Friday, March 27, after a sharp two-way session pulled the metal off its earlier low but stopped short of a clean recovery. Spot prices swung between about $1,817 and $1,915, leaving traders to weigh bargain buying against a still-firm U.S. dollar, rising Treasury yields and oil back above the $100 area.

Silver pulled back from its $88.80 session high on March 10 to around $80–81 as of this writing. If you're watching that number and feeling uncertain, I understand the impulse. A 9% decline in a week invites doubt.
But the pullback has a specific, identifiable cause: the US dollar strengthened sharply following the Warsh nomination and FOMC hold expectations. When the dollar strengthens, silver's ...