(Kitco News) – Despite one of the sharpest corrections seen in precious metals in over a decade, the dramatic late-week gold and silver selloff represented a reset rather than a reversal, according to Ewa Manthey, Commodities Strategist at ING.In the bank’s monthly update, Manthey noted that gold and silver have already recovered a substantial portion of their recent losses amid a weakening dollar and a stabilizing market.
