Meanwhile, Gold Just Spiked To $1700


Photo: FinViz

Amid all of the chaos this morning, gold is spiking.  The yellow metal really took off at around 10:00am when we got the horrific consumer confidence reading.Gold futures are currently at $1,703.20 an ounce, up $50  or 3% since yesterday’s settle.

Silver is higher by 5% today.

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