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Gold hit a record and silver's at a 14-year high - this Wall Street bank says two other commodities will join the party
Gold was headed for a fresh record on Monday and silver hit a more than decade high, with Citigroup strategists predicting the rally for the precious metals to continue and carry other metals. Gold (GC00) jumped $44.40, or 1.2%, to $3,750 an ounce early Monday, putting it on the path for a fresh closing high, potentially its 36th this year. The contract also set a new intraday high, reaching $3,753 an ounce, according to Dow Jones Market Data. Silver (SI00), meanwhile, rose over 2% to $43.86 an ounce, reaching an intraday level of $44.10, not seen since Aug. 2011. Investors are now watching to see if silver at long ... (full story)
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