IKN

a plague o both your houses

spot gold U$1,080, December gold futures $1,064

Somebody has just decided that they very want to very own very gold very now.

UPDATE, few minutes later: Futures now playing catchup
but note that the dollar is up against world currencies today, too.

A mailer notes that the news from Barrick yesterday about wanting to accelerate their hedge book covering policy may have something to do with it. WTFDIK?, anyway?

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