Gold and silver are
both higher today with gold up $20 at the open and silver up about $.30. The metals are higher even though the dollar
is up 4 basis points at 85.74 and oil is down $.24 at $40.08 a barrel. Gold saw a lot of fund buying in the
European markets overnight and it got another boost in response to ECB comments
on inflationary pressures picking up in the second half of 2009. In addition, the Bank of England cut their
rates yet again to a record lo…
Original Post By Google News by Joe Battaglia
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