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Commodities climb on slow economy and cheap money

Posted on 31 January 2013

Commodities were up across the board Wednesday, spurred by a lackluster economic report and signs that the government will continue to keep borrowing cheap. Silver for March delivery jumped 99.3 cents, more than 3 percent, to $32.177 per ounce. Gold for April delivery rose $18.90, more than 1 percent, to $1,681.60 per ounce.
That contrasted with stocks, as all major U.S. indexes ended lower. Investors fretted about a government report showing the U.S. economy unexpectedly shrank in the fourth quarter………………………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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