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The already-strong spot gold........>

PRECIOUS METALS
PRECIOUS METALS: The already-strong spot gold price accelerates on the rally
through $1,900/oz, touching multi-year highs in the process and coming just a
few dollars shy of the alltime intraday highs at $1921.17 printed back in 2011.
- Upside pressure in Gold is helping Silver rise to the best levels of the
session also - albeit shy of the highs printed yesterday in Asia-Pac trade at
23.2736.
- A few catalysts behind the relentless drive higher in precious metals over
past fortnight or so - softer equities and rising Sino-US tensions helping
today, but the pressure on real US yields also a key driver, which continue to
track lower.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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