Gold & Silver Selloff Arrives, Silver Deficit Clocks In At 149 Million Ounces (210 Mil After ETFs)

A somewhat overdue sell-off arrived in the precious metals markets today.

As after initially rising during the open of Far East trading last night, the gold and silver rally was halted at least for a day, and both prices finished lower in the session.

The gold price was down $5, although it did recover from a low of $3,299 to its current level of $3,341.

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