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How QE3 hit commodity prices in Q3 led by silver bullion

Posted on 01 October 2012

Silver Bullion was the best-performing commodity this quarter, up 25.3% thanks to the Fed’s decision to initiate QE3. Prices for both silver and gold are holding under formidable double-top resistance levels near $36 and $1800, respectively.
Investor flows into the two metals continued at a rapid pace, as Silver ETF holdings and Gold ETF holdings hit record levels at 600 million troy ounces and 82 million troy ounces, respectively………………………………………..Full Article: Source

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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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