from Gold Silver Worlds: On Friday gold fell back in the immediate aftermath of the strong US payrolls report, which boosted the appetite for equities and the dollar. Prior to the jobs report, the price of gold had stabilized around $1200 per troy ounce following Monday’s sharp recovery. It was thus holding above the high of not just last week but the last month, too. In other words, precious metals traders had completely gotten over the disappointment from the “No” vote in Switzerland’s “Save Our Swiss Gold” proposal.
Read more about First Signs Of Gold And The Dollar Decoupling
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