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Gold (GLD) futures jumped nearly $40/oz. to log their biggest one-day gain of the year,...

Apr. 25, 2013 3:39 PM ETGLD, IAU, SLV, SIL, DBS, DGP, USV, UGL, AGQ, ZSL, SGOL, SIVR, PHYS, USLVF, DSLVF, PHYS:CABy: Carl Surran, SA News Editor12 Comments
Gold (GLD) futures jumped nearly $40/oz. to log their biggest one-day gain of the year, supported by physical demand, prospects for easier global monetary policies and a weaker U.S. dollar. Today's rally brings gold's recovery to ~50% of losses from the selloff that began ~$1,560. Silver (SLV) enjoyed an even bigger bounce, rising 5.7%, but it needs a lot of catching up to approach historical gold/silver ratios.

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