In The Lead – Hubble Bubble Trouble
Some and eventually more than all of Monday’s gains in gold were handed back by speculators this morning as a further rise in the US dollar and a hefty slide in crude oil made life a tad more difficult for the bulls in the yellow and white metals.
Spot New York dealings opened with a loss of in gold and a bid-side quote at the ,650.00 pivot point. Silver fell 14 cents to start off the session at .35 after having itself nearly touched the pivot figure in early dealings. [...]
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