Gold and silver have witnessed sharp downside recently due to rise in dollar index which has jumped from 73 to nearly 79 recently along with massive sell off in all the riskier asset classes as bullions also tumbled lower. The steep margin hike by CME in bullion was also the prime cause of the sell off seen recently. No this downtrend would not sustain as its pace will slowdown and its prices will move in range for some time..
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