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Home > Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens

Gold Surges Over $50 Off Overnight Lows; Commodities Bouncing As Dollar Weakens

By Tyler Durden
Created 12/01/2014 - 09:43
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/01/2014 09:43 -0500



 

After last night's big flush across commodities, they have rallied notably. Gold is now up over $50 from those lows, with Silver, copper, and even crude bouncing hard (after testing below $64 overnight). The USD is notably weaker, stocks lower, and bond yields testing mid-October flash-crash Bullard lows...

 

Gold dumped and pumped

[5]

 

and the rest of the commodity complex bouncing hard this morning

[6]

 

 

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Source URL: http://www.zerohedge.com/news/2014-12-01/gold-surges-over-50-overnight-lows-commodities-bouncing-dollar-weakens

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