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Gold continues its advance

From born2invest.com

The bull market in the US bond market has led to gold and silver markets doing pretty well since it began in early summer. Although, amid the advance, there has been a big increase in gold’s daily volatility. On June 19, gold broke above $1,360, and moved ever higher, attracting an expanding circle of investors willing to exchange their dollars, pounds, euros, yen, and yuan for an ounce of gold. This week the Dow Jones saw above-average volatility, especially early in the week, but on Friday closed only 3.92 percent from its last all-time high. The Dow Jones in the table below (#10) was down 6 percent at Monday’s ... (full story)

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  • Category: Fundamental Analysis