Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens

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Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens

After last night’s big flush across commodities, they have rallied notably. Gold is now up over $50 from those lows,with Silver, copper, and even crude bouncing hard (after testing below $64 overnight). The USD is notably weaker, stocks lower, and bond yields testing mid-October flash-crash Bullard lows…

 

Gold dumped and pumped

 

and the rest of the commodity complex bouncing hard this morning

 

Read the original article here.

2014-12-01T09:23:36-06:00 December 1st, 2014|Buy Gold, Buy Silver, Silver, US Dollar|Comments Off on Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens