Friday, July 12, 2013


Silver rocked by almost 69 cents to trade at 19.853 gaining 3.59% as traders bought the cheap metal with cheap dollars getting a double bargain. As the week progresses, equities and commodities across the globe soared on supportive comments made by the US Federal Reserve Chairman Ben Bernanke. In his speech yesterday Mr. Bernanke backed the extension of sustained monetary stimulus and hinted that the apex bank is in no rush to hike interest rates even if employment levels reach comfort zone.

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