Silver jumps 3.7%, gold up 1.9% and global stocks fall, welcome to the New Year!

Silver moved out of the shadows as the New Year started with a spectacular rebound of more than three per cent and gold gained 1.5 per cent as investors rejigged their portfolios for 2014. Stocks mostly fell on military tensions between Japan and China, falling GDP in Singapore and poor Christmas sales for retailers in the US and UK.

Could this be the ‘new normal’ for 2014? Sometimes the pattern of trading for the New Year emerges very quickly in the first few days.

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