Gold in reacting to the dollar´s weakness and has gained 1.5% in London trading. Together with platinum, that gained 1.2%, and silver, that increased 3.4%, all have gained during the last few days, pushing up beyond the $950.00 level for gold. Expectations of inflationary tendencies and, as stated, the dollar´s weakness, are keeping the precious metals rocking throughtout the markets. Gold producer Kinross is gaining in the stock market as it reports low costs and high production levels. As is well known, when the financial world enters crises mode, precious metals shoot upwards.
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