Gold Surges Above $1150 On $3.5 Billion Bid, Bitcoin Dips

by Tyler Durden
ZeroHedge.com
Dec 29, 2016

Gold is up 5 days in a row and is surging above $1150 today as someone decided to buy $3.5 billion notional of the precious metal into the European close.

It appears the rotational year-end flows are rebalancing back into bullion as well as bonds… This is gold’s best day since 11/2.

The Rest…HERE

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