Market Report: Consolidating the rise so far

Snippet: 
The timing of the slight pull back is, surprise, surprise, just before futures option expiration, when the takers who have sold options doubtless wish to see calls with strikers at $1200 and less expire worthless. They have their wish, and on the week gold this morning in early European trade stood at $1182.50, down $28, and silver at $16.70, down 38 cents.

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First published here: Market Report: Consolidating the rise so far

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