Spreadex Market Update
29.06.12 Friday Afternoon
This enormous jump in prices illustrates just how much cash was anticipating a surprise to the upside, with uncertainty now being replaced with something altogether more quantifiable.
Gold, which often trades like a currency, has spiked in line with the broader rally, taking its cue from participants looking to both secure an inflationary hedge and capture dollar weakness. Gold trades up $47 at $1,597.
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