In a rather strange development, gold and silver futures turned sharply higher
alongside the U.S. dollar and the broader equity markets in late morning trading
on Friday. COMEX gold 0.7% climbed to $1,714 per ounce, silver rose 1.1% to
$34.15 per ounce, and the U.S. Dollar Index advanced 1.0% to 79.913. As for gold
and silver shares, the Philadelphia Gold & Silver Index (XAU) rose 0.4% to
188.57.
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