Gold & Silver Rally As Dollar Index Freefall Continues
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We saw a rebound in the gold and silver markets on Wednesday following Tuesday’s sharp selloff.
The gold futures finished $12 higher on the day at $3,346.
Silver continued higher after its late day recovery on Tuesday, and is now almost a dollar above the lows from yesterday, and currently trading at $36.21.
The dollar index continued its freefall on Wednesday (and is already down further heading into Wednesday evening trading in the far East), and is now below the 98 level, and not far off from breaking below 97.
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