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Gold firmer, silver soars to another all-time high
Gold prices are modestly higher in midday U.S. trading Monday and hit a six-week high. Silver is on a tear and hit another record high. Some safe-haven demand for gold and silver is featured to start the trading week and the new month, amid bond market jitters that have originated from Japan. Chart-based buying is also featured in both metals as their near-term technical postures have become more bullish recently. February gold was last up $14.10 at $4,270.20. March silver prices were up $2.012 at $59.22 and hitting a contract/record high of $59.30 and climbing as of this writing. Global stock markets were mostly ... (full story)