Gold Surges To Jan 2015 Highs, Tops $1300 As Euro Hits 9-Month High
by Tyler Durden
ZeroHedge.com
05/02/2016
A lack of intervention in the Yen and strength in EUR have combined to weigh on the US dollar. Bloomberg’s USD Index is back at one-year lows as, while overnight chaos sent stocks higher, it has driven investors into the safety of bonds (Treasury yields down 2-3bps) and precious metals. Gold topped $1300 and Silver $18 as EURUSD pushes above 1.1500…
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