Tuesday, July 16, 2013

Precious Metal Prices Surge on Dovish Fed Comments, Strong China Data - ETF Securities Research

Key points
  • Gold and silver price rebound accelerates as Fed highlights dovish position.
  • Platinum and palladium prices back in focus on South African strikes.
  • Gold Forward Offered Rates (GOFO) rates turn negative for the first time since the Lehman crisis.

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