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Gold, Silver Hammered to 2.5-Year Lows

June 20th, 2013

Right now:

Gold: -$90.40 -6.58%
Silver: -$1.85 -8.57% [!!!]

Via: Forbes:

Gold and silver futures prices are sharply lower and have careened to better-than-2.5-year lows in early U.S. trading Thursday. The market place sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve events. Fresh, serious technical damage has been inflicted in the gold and silver markets to suggest they will see still more downside price pressure to come.

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