In a very volatile overnight session, gold, silver and oil traded down sharply on Monday's opening, only to reverse course and head higher. All three were then up on the day, which may signal a key reversal in the prices and a short-term bottom.
Below are the lows and current prices on oil, gold, and silver:
Light Sweet Crude Oil (January futures): Low 63.72, currently 66.72, 4.7 percent off low.
Gold (February futures): Low 1141.70, currently 1181.40, 3.47 percent off low.
Silver (March futures): 14.155 low, currently 15.895, 12.3 percent off low.
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