Gold and silver didn't do much yesterday as gold edged up while silver slipped. The rise in U.S pending home sales index and U.S core durable goods as indicated in their respective reports, may have contributed to the rise in stocks and commodities prices. The EU Summit will start today. If there will be big headlines coming out of the Summit, it could affect forex and commodities markets. I suspect it will end up to be another storm in a teacup. On today's agenda: U.S Jobless claims weekly update, U.S. GDP for Q1 (final estimate) and Great Britain Current Account. The full daily outlook of gold and silver for June 28th Gold edged up on Wednesday by 0.22% to $1,578.4; silver on the other hand declined by 0.338% to $27.0. During the month gold increased by 0.91% while silver fell by 2.73%.
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