Overseas stock markets took a breather from their bull run and the dollar retrenched against foreign currencies sending commodities prices lower in early trading.
In early trading gold was off $1.94 to $1,606.68 and silver was down $0.08 to $27.93, leaving the silver/gold ratio at 57.5.
Commodities were all down in early morning trading, but not by much and largely in line with currency adjustments. Platinum, palladium, crude oil and copper all meandered lower in largely sideways trading.
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