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We continue to see erratic trading patterns in gold, with prices this time finishing higher after alternating in opposite directions over the past two sessions. Once again, there was little behind Tuesday’s advance, other than the fact that the dollar lost ground, particularly against the yen (112.45), while holding steady against both the Euro (1.1740) and sterling ($1.3240). Other metals finished slightly higher on the day, but like gold, they did not manage to recover the bulk of Monday’s losses.
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Precious Metals Daily Report --- November 22 2017.pdf | 404.62 KB |