Gold, Silver Rebound, Dollar Turns Lower

Goldalert reports that Gold has turned modestly positive in mid-morning trading.

The market news is quoted as saying:

Gold futures, per the February contract, traded as low as $1,352.70 but climbed to $1,370 following the disappointing jobs report. They have since extended their gains as investors viewed the second consecutive month of worse than expected job growth as a sign that the Fed will continue to err on the side of fighting deflation

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