US gold, silver firm on jump in US PPI, dollar fall

Newswire

NEW YORK, Dec 19 (Reuters) - Gold and silver futures advanced in early Tuesday trade in New York after surprising gains in the U.S. producer price index and declines in the dollar inspired bulls to jump back in the market following two days of steep losses, traders said. "The story is gold's firm on the dollar. We're ignoring crude and everything else. But the dollar's down and the euro's up big. We rallied up, because the dollar slid and because of the jump in inflation," said one gold ...

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