Gold Surges After Draghi Unveils Moar Easing

It seems open-ended ECB QE was just the thing that gold-buyers were waiting for as heavy volume sent gold futures soaring this morning…

Silver is not moving so much for now…

US rates are also tumbling (dragged down by Bunds)…

Source: Bloomberg

Interestingly, precious metals are surging alongside the dollar (as EUR fades)

Source: Bloomberg