The dollar gained back some lost ground, sending commodities prices for a late week tumble.
Gold was down $5.75 in early trading to $1,610.65 and silver was off $0.24 to $27.88, leaving the silver/gold ratio at a surprisingly stable 57.8.
Commodities were down pretty much across the board and largely in line with currency valuations. Platinum, palladium, crude oil and copper joined silver and gold lower on the dollar’s Friday rally.
There are several factors that could be contributing to the dollar rally. China is reporting slowing export growth, signaling we may be in the midst of a...