Gold & Silver Increase –

Gold and silver increased after confidence rose following a European Union summit.  European Union leaders agreed to work at lowering the borrowing costs for Italy and Spain.  Gold rose 3% and settled slightly below $1,600 an ounce.  Silver increased by more than 5% to $27.67 an ounce.  Platinum also rose almost 3% to $1,422.25 an ounce.

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James Sutliff

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