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Gold trending higher through the week, largely driven by weaker US Treasury yields. As it approached a two-week high, it was short of the May 10 record. But the positive performance has opened the question of whether the yellow metal can hit new record highs in the near future. US yields were lower in the lead-up to NFP, as the broad consensus was that the ...
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History rhymes - this time the rhyme in silver is very clear. Let’s start with the ratio. [Quoting my last Friday’s comments] And speaking of those “other markets”, let’s take a look at silver. Let’s start with the ratio between silver and gold as that’s where we recently saw something important and with clear implications for the price of white metal. ...