Silver Market Morning: Feb 13 2017 - Gold recovering but moving with the euro at the moment!

In Shanghai, after the return of those investors from their Lunar New Year, demand has yet to recover fully as they slip back into their usual routine and gain full momentum. Until then we do expect New York and London to stay in line with Shanghai and for the global gold price to be influenced by exchange rates. That is so today too, but we do expect the dollar to weaken.