You may at first be a little confused this morning. The news is spruiking gold shooting higher last night and of course silver like a rocket, up $23.70 (1.3%) to $1843 and $1.43 (7.2%!) to $21.32 respectively. However in AUD gold is this morning down $9 or 0.35% and silver up $1.55 or 5.5% respectively. You can say thanks to the EU and our RBA respectively that you get to buy at comparatively suppressed prices before the inevitable fall.
We discuss and look at other drivers behind this metal rally. Spoiler alert, by the end of the article silver jumped nearly 5% higher again!
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Silver Explodes, Gold Surges, AUD Puts “For Sale” Sign Up
