Gold & Silver Commentary – 24Nov

Posted: 24 Nov 2009, 5:59pm (PRECIOUS)


The Dollar decline has stagnated, bit gold is staying firm. Gold has now jumped up by 32% this year, and has risen by 12% in November thus far – the chart below highlights the impressive run this month. All eyes will be on the release of GDP data later this evening.

Holdings at SPDR Gold Trust, the world’s largest ETF, rose by 0.4% from the previous business day.

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