Gold Silver Open Sharply Higher in Sunday Trading

Posted by Charles Gunning

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Gold is trading $18 higher at 4pm PST in London Trading @ 1331.40, Silver opens up .50 cents higher and is at the moment of this writing trading over $21.00 @ 21.05. Trading in New York at 4pm PST is somewhat delayed but last quotes at time of writing are 1331.20 and 20.94.

One reason for the increase is the holdings in the biggest bullion-backed exchange-traded product SPDR expanded for the first time since June.

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