Source: ForexYard
As the USD turned bullish during Asian trading, gold and silver dropped significantly as traders moved their investments away from riskier commodities. Gold has regained a bit of ground this morning after dropping close to 5% last evening. As of this morning, gold has picked up 1.5% and is so far stabilizing around $1722.35. Silver also took a sharp drop from 37.36 to 34.01 during late night trading. At the moment, it has steadied around 34.98.
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