ECB Boosts Precious Metals, Gold & Silver Retreat

Precious metals rallied yesterday after the European Central Bank left its monetary policy unchanged. Gold and silver paused the advance today, but platinum and palladium extended the rally. Some analysts had though that the ECB would cut its interest rates, but that did not happen. Bank’s President Mario Draghi warned that weakness of the European economy will continue in 2013: Available statistics and survey indicators [...]