Commodities: Precious Shining, But Gold Looks Overdone S-T

The precious metals complex has posted strong gains of late as gold continues to push to record highs and silver, platinum and palladium show promising up trends. We see relative value in gold, particularly against equities and possibly oil over coming weeks as gold looks set to outperform. That said, from a technical perspective, gold may be overbought short-term, and as such we remain cautious of a short-term correction, in an overall

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