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Gold Jumps, Silver Soars to $53 as US Fed Preps ‘Ample’ Liquidity Bond Buying
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Gold Jumps, Silver Soars to $53 as US Fed Preps ‘Ample’ Liquidity Bond Buying
By Adrian Ash – BullionVault GOLD JUMPED and silver prices leapt on Wednesday, slashing the ‘safe haven’ precious metal’s value relative to its more industrially-useful cousin to the lowest in a month as the Federal Reserve signalled it’s about to re-start buying bonds to ensure “ample” liquidity while global stock markets rose ahead of US politicians voting to end the record-long shutdown of US government services.
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