Silver, Gold Advance as Investors Return After Last Week’s Commodity Rout

Bloomberg reported that gold and silver prices rallied on demand for an investment haven.

The market news is quoted as saying:

“Gold and silver may regain strength as traders perceive last week’s commodities washout to be excessive and it isn’t viewed as a trend reversal,” said Park Jong Beom, Seoul-based trader with Tongyang Futures Co.

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