| The price of both silver and gold slipped back in London on Tuesday morning, cutting into yesterday's rapid gains from four-year and one-month lows respectively.World stock markets stalled after hitting a series of near and new all-time highs so far this month.
The British pound fell hard – supporting the gold price in Sterling above £910 per ounce – after new data showed a slowdown in consumer price inflation. "These stunning upside reversals off fresh lows [in gold and silver] were somewhat justified," says a note from brokers INTL FC Stone, "given that both were quite oversold."..................................Full Article: Source
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