With the dollar showing signs of eroding the charts in both gold and silver continue to show signs of a slight revival.
Unfortunately for the bull camp investment interest in gold continues to wane with ETF holdings reduced for the 12th straight session, while silver investors bucked the trend with a purchase of 1.2 million ounces!
Apparently, the gold and silver trade is looking beyond the probable Bank of England rate hike tomorrow to the highly likely US Federal Reserve rate hike pause on Thursday...[MORE]
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