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Gold had a terrific run since mid-December, rallying by almost $90/ounce before getting to a three-month high of $1327/ounce on January 4th. Prices have eased since then, with the sell-off picking up steam on Tuesday on account of the fact that the US ten-year broke above the 2.5% mark for the first time since March, too strong a sell signal for gold to ignore.
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Precious Metals Daily Report --- January 10, 2018.pdf | 441.33 KB |