MCX NEWS UPDATE

 Gold glimmers, but silver shines

Gold staged an impressive two percent rally overnight, overcoming USD2000.00 an ounce on its way to USD2020.00 an ounce overnight high. Lost in the noise yet again, though, was the silver outperformance leading gold higher. Silver rose 7.0% to USD26.0000 an ounce. With the gold/silver ratio reverting to its long-term