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Instant View: Gold roars to all-time high above $1,600/ounce
(Reuters) – Spot gold roared to an all-time high above $1,500 an ounce on Wednesday as a weaker dollar renewed interest in commodities, while concerns about a sovereign debt crisis in the euro zone lifted the metal’s safe-haven appeal. Click here to view the story in full Here are reactions to bullion’s fourth consecutive day ...
Silver Surges to All-Time High on Inflation Hedge, Industry Use
Silver rallied to an all-time high as investors sought to protect their wealth against accelerating inflation and a weaker dollar with holdings in a metal that also benefits from economic growth. Immediate-delivery silver climbed as much as 5.4 percent to $49.79 per ounce, surpassing the previous peak, which according to research company GFMS Ltd was ...
