Alternative Investments

Gold and silver pull back after new records


Early Tuesday action saw the precious metal sector continue to climb, with gold and silver futures hitting new records around $4,190 an ounce and $52.40 an ounce, respectively.

Investors have been buying both amid concerns about U.S. political uncertainty and as central banks look to diversify away from the dollar.

However, a burst of risk-off sentiment when European trading got underway enveloped bullion, too, causing some brisk profit taking.



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