Silver and Gold Buck the Trend with Strong Gains as Fear Returns to Global Financial Markets

(Before It's News)

by Peter Cooper, Arabian Money
Silver Seek

It’s a bit early to know whether this new trend is going to be a friend to precious metal investors. But gold and silver prices have risen solidly since the re-election of President Obama while their has been a risk-off move in almost every other global financial market.

The S&P 500 and the Euro Stoxx 50 Index have fallen 3.6 per cent and 2.2 per cent respectively in the past two days, while the CRB Commodities index dropped 1.8 per cent. Over the past five days gold is up 3.3 per cent and silver by 6.5 per cent.

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