Gold and Silver Prices – Daily Outlook for November 22
Gold and silver shifted again and finished yesterday up. During the past eight business days the prices of precious metals shifted on a daily basis from gains to losses. Precious metals’ recent rally coincided with the rise in other related markets such as oil, Euro and stocks. According to the recent U.S jobless claims report the number of claims declined by 41k to 410k as of the week of November 17th; this news may have contributed to the rise in the USD during yesterday. Today, the U.S markets will be closed on account of Thanksgiving. Therefore the trading will only be in Europe and Asia.
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