Gold and the other precious metals found support via regular trading momentum as well as from a much-needed boost due to a weaker dollar.
Recent Reports
The U.S. dollar drooped against the British pound and the euro today as the currency market took a breather, engaging in some profit-taking after just two days of a brutal selloff in sterling and the euro sparked by the Brexit “yea” vote.
The hurricane winds created by the “Leave” vote in Great Britain regarding the European Union continue to buffet world markets.
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