PMs Pummelled As Dollar Spikes

PMs Pummelled As Dollar Spikes

Tyler Durden

Tue, 10/13/2020 – 09:42

The dollar is spiking this morning, helped by a no-deal-brexit bashing for cable and euro

Source: Bloomberg

And as the dollar spikes, precious metals are getting clubbed like a baby seal.

Gold futures are pushing back down towards $1900…

And Silver futures are back below $25…

And while that ‘safe haven’ is sold, bonds are well bid…

Source: Bloomberg

 

via ZeroHedge News https://ift.tt/2FpMwMJ Tyler Durden

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