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Investors pushed commodities higher as the euro rebounded against the dollar after Germany tells Greece there will be some flexibility in their bailout terms.
Gold was up $14.44 in early trading to $1,589.40 and silver was up $0.38 to $28.47. The silver/gold ratio dropped to 55.8.
Commodities in general are doing well with gold being joined on the upside by platinum, palladium, crude oil and copper.
There’s also evidence that Greek voters really don’t want to leave the euro and the pro-EU parties may win enough of a majority to form a...
Dow Tanks, Gold Rebounds