GOLD / SILVER
It would-appear that gold and silver sit at a very important juncture today with prices perched moderately above recent consolidation lows and facing a key fundamental junction in the form of today’s US 10-year treasury note auction.
Clearly the platinum market joined in with gold and silver in the sharp recovery rallies yesterday and the market looks to continue to correlate tightly with those markets again today.
As mentioned in several other sections this morning a-number-of recent highflying Chinese industrial materials have shown corrective action this week and that in turn has dampened speculative interest for copper in China.
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