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Historical Gold Prices - It Goes Up and Up!

Gold furure prices are trading sharply lower in early U.S. trading Tuesday. The world marketplace is still buzzing and even shaken after Monday’s astonishing trading action in Nymex crude oil futures, in which the expiring May contract fell deep into negative price territory by the close.

Oil prices are sharply down again today, in the active futures contracts. The unprecedented price action in crude oil futures so far this week has most buyers in many commodity markets, including the metals, opting to stand on the sidelines at present.

Of all the markets, expect precious metals to recover first and even rebound higher.