So, gold in the short term could go down in sympathy of that,”

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Canada Goose online interest rates that has propelled bullion to its seventh consecutive weekly rise, its longest winning streak since 2007. consumer spending rose for a ninth straight month in March with inflation at its canada goose clearance sale highest in nearly a year. Platinum group metals also rose about 2 percent but silver fell 1 percent after soaring to record high in the previous session. Option traders reported strong buying of call options and call spreads, reflecting bullish market expectations. A gauge of bullion market volatility also spiked in response to a sharp price rally. dollar,” said Mark Luschini, chief investment strategist of broker dealer Janney Montgomery Scott, which manages $53 billion in client canada goose uk shop assets. “There is worry that inflation, which is not a problem canada goose coats right now, could escalate to become one. And once it does, it becomes cheap canada goose uk very difficult to put the genie back into the bottle,” he said. EDT (2100 GMT), having earlier hit an all time high $1,569.30. The metal notched a 9 percent monthly gain, its strongest since November. Bullion also cagooseclearance posted its seventh consecutive weekly rise, its longest winning streak since 2007. June futures GCM1 settled up 1.7 percent at canada goose black friday sale $1,556.40 an ounce, with trading volumes about one third below its 30 day average due to a public canada goose uk black friday holiday in London. On the options front, heavy buying of outright call options uk canada goose and bull call spreads buy canada goose jacket cheap of June uk canada goose outlet 2012 calls with Canada Goose sale strikes $1,800 and $2,000, said COMEX gold options floor trader Jonathan Jossen. Bull call spread is an option play involving the buying of calls at one strike price while selling them at a higher strike with the Canada Goose Outlet same expiration date. Investors often expect prices to rise moderately with the strategy. A slight drop in the dollar also contributed to bullion’s gains. Earlier in the week, expectations of further weakness in the dollar were the biggest drive for gold and silver rallies to records. [FRX/] SILVER RETREATS FROM RECORD Silver retreated from the record high it set Thursday, but was still by far the best performing commodity in April and so far in 2011. canadian goose jacket It posted a near 27 percent rise in April, its biggest canada goose coats on sale monthly gain since April 1987. Silver XAG= was last buy canada goose jacket down 0.8 percent at canada goose uk outlet $48.03 an ounce. Silver gained 3 percent this week, canada goose clearance although analysts say its robust performance against the other precious metals may not be sustainable. “If silver doesn’t make a new high and sustain above that, it may Canada Goose online go through a more vicious correction here. So, gold in the short term could go down in sympathy of that,” said James Dailey, portfolio manager of the TEAM Canada Goose Jackets Asset Strategy Fund. Speculators scaled back their bullish cheap Canada Goose bets in canada goose COMEX silver futures and options to the lowest level Canada Goose Coats On Sale since early February, even as prices neared the psychological $50 an ounce, regulator data showed Friday. [ID:nL3E7FS62K] For platinum group metals, platinum XPT= echoed the strength in gold, rising 1.9 percent on the day to $1,870.49 an ounce, while palladium XPD= rose 2.6 percent to $790.97. EDT (1939 GMT) LAST/ NET PCT YTD CLOSE CHG CHG CHG US gold GCM1 1556.40 25.20 1.6% 9.5% canada goose store US silver SIK1 48.584 1.064 0.0% 57.0% US platinum PLN1 1865.50 25.60 1.4% 4.9% US palladium PAM1 792.15 16.85 2.2% 1.4% Gold XAU= Canada Goose Clearance 1562.60 27.65 1.8% 10.1% Silver XAG= 48.03 canada goose factory sale 0.38 0.8% 55.6% Platinum XPT= 1870.49 35.39 1.9% 5.8% Palladium XPD= 790.97 19.74 2.6% 1.1% Gold Fix XAUFIX= 1535.50 4.50 0.3% 8.9% Silver Fix XAGFIX= 48.70 340.00 7.5% 59.0% Platinum Fix XPTFIX= 1835.00 15.00 0.8% 6.0% Palladium Fix XPDFIX= 777.00 8.00 1.0% 1.8% Canada Goose Parka (Editing by Marguerita Choy) Canada Goose online.

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If what we are hearing is true, it is quite possible that apple shall be demoing the much touted apple tablet as early as next month.

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